GreenIron signs distribution agreement for fossil-free DRI

Scandinavian Steel AB, a leading distributor of metals and GreenIron have signed a collaboration agreement. Under the agreement, Scandinavian Steel will become the exclusive distributor of GreenIron’s fossil-free iron, produced in Sandviken, Sweden.

The agreement covers a regular delivery of hydrogen Direct reduced iron (DRI), which will be offered to the Nordic and European markets. According to GreenIron, a fossil-free product, aligned with global climate goals, is a crucial step forward for both companies and the industry as a whole. Scandinavian Steel is the first distributor in the world to deliver this product to the market.
Edward Murray, CEO GreenIron says: “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.”
GreenIron is set to begin commercial production in Sandviken in 2025. According to the company, the market has already shown significant interest in GreenIron’s fossil-free production technology, which represents a key step toward sustainable and circular metal production. As production scales up, it is expected to make a substantial impact in reducing carbon emissions and meeting the growing demand for environmentally responsible materials across the industry.
Source: GreenIron