Klöckner and Co expands its cooperation with GMH Gruppe and purchases high-grade CO2-reduced quality steel

• Both companies to increase the availability of high-grade CO₂-reduced quality steel
• First 25 tonnes of CO₂-reduced quality steel delivered to Kloeckner Metals Netherlands
• Cooperation helps customers establish sustainable value chains and achieve climate targets

Klöckner & Co and Georgsmarienhütte GmbH, a subsidiary of GMH Gruppe, are expanding their cooperation. In the future, Georgsmarienhütte GmbH will provide Klöckner & Co with high-grade CO₂-reduced quality steel that the company will then sell in the ‘Plus’ category under its Nexigen^® umbrella brand. An initial delivery from Georgsmarienhütte GmbH comprised 25 tonnes of CO₂-reduced quality steel, which was sent to Kloeckner Metals Netherlands, a subsidiary of Klöckner & Co.

Bernhard Weiß, member of the Management Board and CEO Europe of Klöckner & Co SE: “Our cooperation with Georgsmarienhütte GmbH allows us to expand our range of green products under our Nexigen^® umbrella brand. This enables us to significantly increase the availability of green steel for our customers. In this way, we are able to ensure that our customers can more easily establish a reliable and at the same time sustainable value chain in the future.”

Marc-Oliver Arnold, Member of the Management Board of Georgsmarienhütte GmbH: “Our cooperation with Klöckner & Co is yet another milestone on our path to meeting the immense demand for green steel. Through our commitment to sustainability, we are making it possible to better reconcile climate protection with economic efficiency. At the same time, by providing companies with green steel, we are helping them achieve their own climate targets.”

Going forward, Klöckner & Co and Georgsmarienhütte GmbH want to make greater volumes of CO₂-reduced steel available to customers. This steel is what is referred to as “quality steel” – it is characterized by its high level of resistance and is mainly used in the automotive industry and the field of mechanical engineering. Klöckner & Co’s Dutch subsidiary, Kloeckner Metals Netherlands, will primarily be responsible for processing the delivered volumes of steel.

Klöckner & Co bundles CO₂-reduced products under its Nexigen^® brand

With Nexigen^®, Klöckner & Co has developed its own categories for transparent,  CO₂-reduced solutions in the areas of materials, processing and logistics. In this way, the company is making it easier for its customers to reliably procure green steel and metal products, and offers them complete transparency in terms of their carbon footprint. At the same time, the independently certified Nexigen^® PCF Algorithm is used to calculate the individual product carbon footprint (PCF) of nearly every one of Klöckner’s roughly 200,000 products.

Georgsmarienhütte GmbH recycles metal scrap to produce green steel

Georgsmarienhütte GmbH recycles steel scrap with the help of an electric arc furnace at their electric steel plant in Georgsmarienhütte. Compared to the standard blast furnace method, the electric steel plant generates five times fewer carbon emissions. The use of renewable energy (green power) drastically reduces emissions even further. Moreover, Georgsmarienhütte GmbH can offer their customers the option to use biochar during steel production in order to reduce these values by an additional 25 percent (Green Power Premium).