As a clear sign of a strong customer demand for green steel, Swedish-based H2 Green Steel announced today (May 10) it has signed contracts for over 1.5 million tonnes per year.
H2 Green Steel’s customer contracts are based in different areas of industry spanning more than 5-7 years. This requires an initial yearly production volume of 2.5 million tonnes, exceeding company expectations.
Mark Bula, Chief Commercial Officer at H2 Green Steel said, “The demand for green steel by far exceeds what I had expected, and the interest is coming from a broad range of industries. We are already converting this volume into binding long form agreements with our customers.”
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