Scandinavian Steel to distribute fossil-free iron produced by GreenIron
by David Fleschen
GreenIron, a pioneer in sustainable metal production, has partnered with Scandinavian Steel AB, a leading metals distributor, to deliver fossil-free iron to the Nordic and European markets. The collaboration agreement designates Scandinavian Steel as the exclusive distributor of GreenIron's hydrogen-based direct reduced iron (DRI), produced at its Sandviken, Sweden facility.
Advancing Sustainability in Metal Production
The partnership represents a significant step toward sustainability in the metals industry. The regular supply of fossil-free DRI is positioned as a key offering aligned with global climate goals, highlighting the industry’s growing commitment to reducing carbon emissions.
“This partnership is a milestone not just for Scandinavian Steel but for the entire industry,” said Peter Witz, COO of Scandinavian Steel. “Offering fossil-free iron to our customers is not only important—it is essential. We are proud to be the first distributor in the world to deliver this groundbreaking product to the market.”
A Strategic Collaboration
The agreement underscores the potential of GreenIron's innovative technology and Scandinavian Steel's established market reach. Edward Murray, CEO of GreenIron, highlighted the strategic value of the partnership: “Our collaboration with Scandinavian Steel is a crucial part of our strategy to bring our technology to customers in the Nordics and Europe. Their expertise and extensive network make them an ideal partner in driving the green transition within the metal industry.”
Commercial Production and Market Impact
Commercial production of GreenIron's fossil-free iron is set to begin in 2025. The hydrogen DRI technology has already garnered significant interest, reflecting the growing demand for sustainable materials in the industry. By scaling up production, GreenIron and Scandinavian Steel aim to make a substantial contribution to reducing carbon emissions while meeting market needs for environmentally responsible metals.
Source and Photo: GreenIron