Polish domestic long steel prices still flat, demand low
Polish steel rebar and wire rod prices remained flat in the week to Friday October 10, with muted demand affecting the market, sources have told Fastmarkets.
“Demand is rather weak, I would say a bit weaker than in September,” a distributor source said.
In the week to Friday, estimates of workable levels for wire rod were heard at around 2,580-2,650 zloty ($701-720) per tonne CPT, the same as in the previous assessment period.
At the same time, some offers were also heard hovering around 2,600-2,650 zloty per tonne CPT.
Therefore, Fastmarkets’ price assessment for steel wire rod (drawing quality), domestic, delivered Poland, was 2,580-2,650 zloty per tonne on Friday, unchanged week on week.
Some offers for imported wire rod from Ukraine were heard hovering around €530-555 ($613-642) per tonne CPT last week.
Regarding rebar, prices were also stable in the week to Friday.
Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, cpt Poland, was 2,420-2,450 zloty per tonne on Friday, also unchanged week on week.
On October 7, the European Commission unveiled its new proposal to reform its steel import safeguards, suggesting cuts in tariff-free quotas by about 47% and imposing a steep 50% ad valorem duty on any volumes beyond the new threshold, Fastmarkets heard.
If approved by the European Parliament and Council, the new rules are expected to become official in mid-2026.
When asked about the potential short-term effects of the proposal on the Polish long steel market, a source said there is “not much panic” in the market now, because it will take some time for the measure to come into force.
Trading on pause in European HRC market after new trade proposal; suppliers mull higher offers for January
European steel hot-rolled coil producers were heard to be mulling a new round of price increases on Friday October 10, while market participants continue to absorb news about proposed trade measures.
Producers in Europe are expected to increase their offer prices for January-delivery HRC, several sources told Fastmarkets on Friday.
Sources said that many European producers had withdrawn their offers this week while awaiting the announcement of new trade measures.
The European Commission on Tuesday unveiled a proposal for sweeping reform of its steel import safeguards, suggesting cuts in tariff-free quotas by about 47% and imposing a steep 50% ad valorem duty on any volumes beyond the new threshold.
“Even though this [the tougher trade measures] was expected, and lobbied by European steelmakers associations, it still came as a shock since it is expected to eliminate half of steel imports to the bloc. It might have catastrophic consequences for manufacturing industry in the EU,” a distributor said.
The timeline for the implementation of the new measures is still not 100% clear, however.
But the Carbon Border Adjustment Mechanism (CBAM) will be phased in from January 1, 2026, which will make importing steel “very challenging, especially amid lack of clarity on benchmarks and default values,” a trading source said.
“At the end of the day, you have no clue what the final import price will be,” a buyer in Italy said.
Amid this uncertainty and mounting risks of importing material, sources said they expect local buyers to source greater quantities of HRC from domestic mills.
“We expect European mills to use this opportunity to increase domestic [HRC] prices. But for January delivery – when at least CBAM has been phased in and we have fewer imports. In my opinion, increasing prices for December-delivery HRC is not really possible since demand is still not there,” a German buyer said.
Several sources said they expect European mills to announce new offers for January-delivery HRC either next week or during the Blechexpo steel trade fair in Stuttgart over October 21-24. Buyers and sellers suggested a possible range of €630-650 ($729-752) per tonne ex-works for offers.
“We expect [offers] around €650 per tonne ex-works for HRC, €750 per tonne ex-works for cold-rolled coil (CRC) and €780 per tonne ex-works for galvanized coil (HDG),” a second buyer in Germany said.
One supplier source that spoke to Fastmarkets voiced a price idea for January-delivery HRC of €630-650 per tonne ex-works, but stressed that it was not an official offer yet.
It remains to be seen whether suppliers make offers at such levels.
For November/December-delivery HRC, transactions have been reported at €570-580 per tonne ex-works in Germany and the Benelux area.
Overall trading in the spot market remains subdued amid a persisting lack of clarity on trade regulations and continued muted demand from end users, but following the European Commission’s proposal on Tuesday, steel producers have reported an increased amount of inquiries for January-delivery coil.
Fastmarkets’ calculation of the daily steel hot-rolled coil index, domestic, exw Northern Europe was €577.50 per tonne on Friday, unchanged from the day before.
The Northern European index was up by €2.50 per tonne week on week but down by €5.63 per tonne month on month.
At the same time, the Italian HRC market was completely quiet, with local mills currently not offering, according to sources.
“Italian suppliers [of HRC] withdrew from the market, we expect them to come back with new offers next week,” a local distributor said.
The most recent estimations of tradeable values of HRC in the nation were reported at €540-550 per tonne ex-works – in line with transactions for November/December-delivery coil. But new offers were expected to be “above €600 per tonne ex-works, following “new trade measures enthusiasm,” another local source said.
As a result, Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Italy was calculated at €545.00 per tonne on Friday, unchanged from the previous day.
The Italian index was down by €3.75 per tonne week on week and by €3.50 per tonne month on month.
Meanwhile, the market for imported coil was also said to be completely quiet this past week.
“I don’t have a single import offer on my table – neither for HRC, not for CRC or HDG,” a second buyer in Italy said.
European green steel market: a quiet period
While the green steel segment has been experiencing something of a quiet period – and attention remains focused on traditional steel products given the significant regulatory developments presented this week – timelines are moving forward, and policy commitments for lead-market support such as an official green ‘steel definition’ as promised in the European Steel and Metals Action Plan (ESMAP) shouldn’t be too far away.
European steel distribution association EUROMETAL announced its creation of a green steel working group this week, and Hydnum Steel’s greenfield renewables-powered direct-reduced iron to electric-arc furnace route steel plant (DRI-EAF) – to operate on green hydrogen inputs – announced a circular supply agreement with automotive OEM Gestamp.
As regards CBAM and its incoming definitive stage from January, market participants are becoming more consolidated in their expectations for CBAM’s benchmark and default values: around 1.3t and 0.2t CO2e/t for blast furnace and electric-arc furnace route steel, respectively, estimating relevant import costs at around EUR50-80/t.
McCloskey tracks the value of a single unit of reduced carbon among the EU’s domestic decarbonised offerings, calculated on the basis of all green HRC premia surveyed on week and currently standing at EUR47.62/t. McCloskey’s reduced carbon price remains largely consistent with the market’s CBAM cost estimations, soon in effect as the European steel market’s first product-level carbon cost.
Weekly green steel
| EUR/t | Term | 10-Oct | Change |
| Green Northwest Europe HRC premium (scopes 1-3 CO2 0.8t) | 80.00 | 0.00 | |
| Green Northwest Europe ex-works HRC (scopes 1-3) | EX-WORKS | 660.00 | 5.00 |
| Green HRC premium (scopes 1-2 CO2 0.5t) | 80.00 | 0.00 | |
| Green Northwest Europe ex-works HRC (scopes 1-2) | EX-WORKS | 660.00 | 5.00 |
| Green HRC reduced carbon price (scopes 1-3) | 47.62 | 1.61 |
Source: McCloskey by OPIS
EU plate offers move up, supported by upcoming trade regulations
European heavy plate prices inched higher in the week to 10 October, with Italian re-rollers in particular seeing new opportunity to solidify higher price levels.
Northwest European prices increased slightly week on week, to EUR670/t ex-works for s235jr and EUR680/t delivered for s355jr grades, with sources considering heavy plate allocations as mostly filled in the North European market at stable prices, limiting opportunities to sell orderbook gaps at higher levels off-the-back of the European Commission’s announcement of a new import restrictions.
McCloskey calculated around a 63% reduction in annual volume within heavy plate’s product category 7 between the Commission’s new proposals, and the existing safeguard system.
One source said that laggard dynamics were not uncommon in the North European market, with mills making commitments on heavy plate earlier than on other steel products due to the plate market’s project-based demand balance, and its overall reduced responsiveness to new market factors.
“It’s a common trend in the [North European plate] market,” said the distributor source. “Plate producers often ‘miss the boat’ and seem to be decreasing when others are increasing, then have to stay low when others cycle downward again. Though ultimately most – especially re-rollers – are likely still profitable at current levels.”
Producers in Northern Europe were said to be signaling around a EUR20/t increase for 2026 production.
In Italy, ambitions were greater, with a mill source describing offers of EUR640-650/t ex-works for both this year and the first quarter, EUR40/t above current trading prices.
“We will see a market revival, buyers are realizing they won’t have import alternatives to domestic production,” said the source. “Offers for Q1 are going out at EUR640-650/t ex-works, but we’re not there yet for the rest of this year’s sales.”
Bigger lots are still settled at EUR600-610/t ex-works, which according to calculations from McCloskey’s sources would still grant re-rollers a margin of around EUR15-25/t, based on recent slab imports at prices of $500/t CFR Italy and processing costs of EUR150/t.
“Some mills are still making last-minute deals at … EUR600/t delivered for s275jr, and EUR620-630/t delivered for s355jr,” said an Italian trader. “These deals are for bigger lots so the mills are catching the volumes.”
Current slab imports were reported at $520-530/t CFR ex-Asia and Brazil this week, with sources also discussing unconfirmed offers ex-India at $520-540/t CFR Italy. These offers are apparently non-inclusive of cost-liabilities from the Carbon Border Adjustment Mechanism (CBAM), which enters its definitive stage from January, and could incur relatively high duties due to India’s carbon-intensive production.
Weekly European heavy plate, slab and green steel
| Unit | Term | 10-Oct | Change | |
| Weekly heavy plate | ||||
| Northwest Europe ex-works heavy plate | EUR/t | EX-WORKS | 670.00 | 5.00 |
| Germany delivered heavy plate (Northwest Europe) | EUR/t | DEL | 680.00 | 10.00 |
| Italy ex-works heavy plate | EUR/t | EX-WORKS | 610.00 | 5.00 |
| Weekly steel slab | ||||
| Italy CFR slab | $/t | CFR | 515.00 | 5.00 |
| Weekly green steel | ||||
| Green heavy plate premium (scopes 1-3 CO2 <1t) | EUR/t | 25.00 | 0.00 |
Benjamin Steven Journalist, Steel
Maria Tanatar Associate Director, Steel and Green Steel
EUROMETAL & Fastmarkets webinar on CBAM
EUROMETAL and Fastmarkets co-hosted today a high-level webinar to address one of the most pressing issues currently facing the steel industry: the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM) and its potential impact on the steel supply chain.
The session, chaired by EUROMETAL President Alexander Julius, attracted over 350 live participants, with more than 400 professionals registered from across Europe and beyond — demonstrating the strong interest and urgency surrounding this topic.
The webinar began with a presentation by Shyamal Patel, Head of Modelling for Carbon Markets at Fastmarkets, who introduced a Fastmarkets CBAM Cost Calculator – a new tool designed to help market participants estimate CBAM-related costs based on their import volumes and emissions profiles. The calculator aims to bring greater clarity and transparency to what is expected to become a complex compliance process, particularly for importers, distributors, and service centers that operate across borders.
Following the tool demonstration, the webinar transitioned into a panel discussion moderated by Julia Bolotova, Strategic Markets Editor at Fastmarkets. The panel brought together leading voices from the industry, including Alfonso Hidalgo de Calcerrada, Chief Economist at UNESID; Jaap Jan Aardenburg, Head of Trade Affairs at Tata Steel Nederland; and Tayfun Iseri, Coordinator at Colakoglu Metalurji. Together, they discussed how CBAM is likely to reshape trade dynamics, influence pricing strategies, and affect competitiveness across different segments of the steel value chain.
The conversation also addressed the uneven impact of CBAM across market players. While large integrated producers may be better positioned to absorb carbon-related costs, independent distributors and processors will likely face greater challenges due to their reliance on imports and limited ability to pass on costs.
If you were unable to attend the live session, EUROMETAL invites you to watch the full webinar recording, now available.
CBAM is already beginning to influence business decisions across the European steel sector. With its phased introduction now underway, staying informed and prepared is more important than ever. This webinar is part of EUROMETAL’s broader effort to support the industry through this transition by providing timely information, expert analysis, and practical tools.
Assofermet: New EU safeguard regime is a steel trap for European distribution and manufacturing
The draft regulation proposed by the European Commission introducing new replacement measures for the EU steel import safeguard has triggered a strong reaction from Assofermet, the association representing Italian companies in the trade, distribution and processing of steel and non-ferrous metals, which describes it as a real “steel trap” for distributors and processing companies.
According to the association, the introduction of a 50 percent duty once product-category quotas are exhausted, combined with a general reduction of import quotas, clearly shows the intention to close the European market to imports from non-EU countries. Such measures, Assofermet underlines, would lead to the creation of a “captive market”, inevitably causing price increases and serious repercussions for European manufacturing, traditionally export-oriented and already under strong competitive pressure.
The association also points out that these new restrictions would add to the antidumping duties already in force or under discussion, such as those on cold rolled coils, and to the upcoming entry into force of the CBAM (Carbon Border Adjustment Mechanism) from January 2026, making any alternative supply route practically unfeasible. “Once again,” Assofermet stated, “the European Commission completely ignores the distribution, service centers and processing companies, despite the fact that they represent the beating heart of European manufacturing and exports.” The association reiterated that, while recognizing the strategic value of the European steel industry, its protection cannot result in excessive protectionism, which would only lead to “the delocalization of production and the fragmentation of European industry.”
Assofermet had expressed concern over the new EU safeguard measures on steel and aluminum, calling for a more balanced approach and concrete proposals for the post-safeguard phase, including a single EU-wide quarterly quota, a carry-over mechanism for unused quotas and a reduced 25 percent duty in case of quotas being exceeded.
At the time, the association had warned that excessive import restrictions would have serious consequences for European manufacturing, already burdened by energy costs and the implementation of the CBAM. Assofermet’s latest statement on October 8, therefore, continues along the same lines, reinforcing the warning that European industrial policy risks losing its focus on competitiveness.
Assofermet announced that it will continue to engage in dialogue with the Italian government and the European Commission “to defend the interests of the steel trade, distribution and processing sectors”, calling for the opening of a discussion table to address measures to stimulate steel consumption and demand within the European market, a topic that, it said, has so far been completely neglected.
Press Release – Assofermet – 8 October 2025
EU downstream steel sector warns of existential threats
EU steel distribution and end-user associations have warned of the significant, and potentially existential threat that the European Commission’s recent proposed overhaul of the EU’s steel protection framework presents to downstream manufacturing, calling on authorities to urgently address loopholes across its steel regulatory framework.
European distributors’ association EUROMETAL has the most extensive analysis of injuries already identified within the EU steel value chain, that threaten to compound if not addressed urgently, as published on its website on 7 October.
EUROMETAL’s analysis demonstrates that existing regulatory loopholes are sustained within the newly proposed framework, and have already permitted a significant increase in imports of steel-containing finished goods – steel derivatives – of 213% between 2010 and 2024, facilitating an environment in which the EU’s downstream manufacturing industries cannot compete, in relation to both trade and climate regulations.
According to EUROMETAL – and confirmed by recent statements from national political leaders such as Poland’s Donald Tusk, Germany’s Friedrich Merz, and France’s Emmanuel Macron – these pressures threaten to cause “structural and irreversible” damage to the downstream industry if not alleviated quickly. The association describes component manufacturers as increasingly price-sensitive above all other factors; service centers and distributors as “pushed out of the supply chain” by compliance costs; downstream industrial ecosystems “undermined at their base;” and the weakening of the EU’s upstream steel production, “putting the entire steel value chain at risk.”
This “endangers the economic fabric of Europe itself,” EUROMETAL warned, putting “over 3 million direct industrial jobs” at risk of extinction. “This trend must be recognized for what it is: a stealth mechanism of deindustrialization, undermining Europe’s ability to retain value creation, climate responsibility, and strategic autonomy.”
Italian distribution association Assofermet, European stainless steel trading association EURANIMI, European Automotive association ACEA, and a core EU Original Equipment Manufacturer (OEM) have also provided comments surrounding either the newly proposed framework, or existing regulatory loopholes in instruments like the Carbon Border Adjustment Mechanism (CBAM), calling for further action and clarification from the Commission.
The Commission has already committed in March’s Steel and Metals Action Plan (SMAP) to a legislative proposal to extend CBAM to steel derivative products before year’s end, in order to prevent carbon leakage being pushed downstream. The new proposal for reworked steel defenses similarly promises to consider legislation within two years – “if necessary” – to extend its protections to “additional steel products, including products that are made of or contain a significant amount of steel.”
The associations would likely see this two year review period as much too late.
Regulatory loopholes
The Commission’s new framework proposes new and intensified shields against imports of primary steel products – but European industrial competitiveness cannot be premised solely upon the survival of its steelmakers, as the extensive remit of steel as an input material gives it fundamental influence on the competitiveness of the EU’s downstream and derivative manufacturing sectors.
Existing steel trade measures like anti-dumping duties also primarily target commodity steel products, leaving the downstream segment comparatively unprotected.
Importers, and downstream industries dependent on imports of certain steel products, are also limited in preemptive stockpiling opportunities due to CBAM’s incoming definitive stage from January, and a sustained lack of clarity as to benchmark and default values integral to specific financial exposures to the mechanism. Lead times inherent to the import of international steel mean importers are effectively in the dark as to their actual financial obligations to the mechanism on present import orders due to arrive in 2026, and many prefer to share current out-of-quota duties of 25% pro-rata instead – as demonstrated by the quick exhaustion of Q4 safeguard quotas across various steel product categories.
Assofermet highlights that in this context, steel derivatives remain uncovered by CBAM, and so high-polluting nations could re-orientate their exports to the EU toward manufactured products, undermining the purpose of CBAM. In a note published 6 October, Assofermet requested that Italian ministries introduce exemptions for CBAM payments on steel imports both until reference benchmark and default values are published, and for five months thereafter.
“This information gap creates profound uncertainty about the real cost of CBAM , forcing importers to place orders “blindly” to avoid stock depletion and ensure continuity of supply to their customers,” said Assofermet. “[It] entails serious risks […] for the entire EU manufacturing sector, which is exposed to unpredictable price increases and a climate of commercial uncertainty.”
The US effect
Compounding matters, EUROMETAL highlights in its analysis that recent actions by the US to extend its own steel defenses to steel derivative products under the scope of section 232 could see such products bounced to the European market absent a downstream extension of the EU’s protection framework.
According to EUROMETAL, “initial data suggests that up to 15% of global steel derivative flows — previously targeting the US — are now being rerouted to the European Union, where such products are not yet subject to equivalent origin tracking or carbon pricing rules.” This risks the EU becoming “a dumping ground [..] and a bypass channel for global circumvention strategies,” vulnerable to “regulatory arbitrage.”
Consequent impacts threaten to undermine much of the European Commission’s industrial policy efforts, not only sustaining the possibility for high-carbon imports to enter the EU unprotected and incentivizing carbon leakage against CBAM’s intended purpose, but also undermining European efforts to reinforce industrial circularity if “processing and fabrication are outsourced.
In many ways, the Commission’s proposals for its new steel trade protections parallel the US framework – though will be pursued with alignment to WTO rules under article XXVIII of the General Agreement on Tariffs and Trade (GATT) – in all but duty-free quota access and steel derivatives coverage, potentially deflecting downstream, rather than dissipating pressures on Europe’s steel industry.
Inflationary pressures
CBAM is, therefore, already presenting risks across the value chain, and the Commission’s new proposals could compound inflationary pressures.
Comparative analysis of the quota reductions at the product category level between the protections, new and old, demonstrate significant cuts variable by product category, and in fact actual volumes could see even greater reductions to import accessibility due to volumes historically imported out-of-quota at a 25% duty rate, but less likely to continue under the new 50% rate.
Looking at specific steel product categories, stainless steel imports are subject to an annual quota reduction averaging around 54%, according to McCloskey’s calculations. Christophe Lagrange, executive board member at stainless steel trading association EURANIMI spoke to McCloskey on the potential impact, describing the measures as a “radical game changer.”
“We expect this will cause a swift increase in domestic stainless steel prices, which could be a terrible blow for the downstream manufacturing industry as it will still have to compete against much cheaper imports of finished products,” said Lagrange. “While this measure is ‘positive’ in the short term for mills and distribution, we expect stainless steel consumption to decrease in the longer term as manufacturing is shifted outside of the EU against an instream of a wide range of new imports of downstream stainless products – all compounded by a global loss of competitiveness for EU manufacturers in our export markets.”
Indeed, these factors could ramp domestic steel prices beyond prior expectations, and create significant inflationary pressures within Europe’s steel-consuming industries, such as the automotive sector, which according to EUROMETAL’s analysis is the destination for 40% of total steel derivative imports.
“Automobile manufacturers source approximately 90% of their direct steel purchases in the EU and are most concerned about the inflationary impact that an effective continuation of the safeguard will have on European market prices,” said ACEA. “The Commission needs to look individually at sectors like automotive where, despite a heavy reliance on domestic steel supply, our manufacturers still need to import certain quantities and qualities.”
Speaking to McCloskey, a high-level representative for a core European OEM stressed the need for a big-picture perspective:
“We celebrate that the Commission has finally looked into appropriate protections for their steel industry, but the measures lack necessary actions on steel-containing goods,” the source said. “The proposal will drive domestic steel prices higher on import restrictions, which could become blocked entirely with CBAM on top, but this will only make the import of steel derivatives, like components, even more attractive.
“Imported components are already cheaper than domestic equivalents,” the OEM source said. “The Commission needs to zoom-out and look at the steel industry as a whole, not just patch defenses for steelmakers. We need to send a clear signal to EU authorities that they will swiftly look into steel derivatives, because right now we have no choice but to default to [downstream] imports to stay competitive.”
A call to action
Europe’s downstream steel and steel-consuming associations are unanimous in their call for further attention to these loopholes and wider issues facilitating steel derivative imports, with Eurometal in particular giving detailed proposals that could extend shields to steel derivative imports, and thus protect European manufacturing.
EUROMETAL outlines a wide range of potential policy remedies: the extension of both CBAM, and new and old trade protections to downstream or derivative steel products via incorporation of new TARIC codes; the implementation of ‘melted and poured’ declarations at customs across both primary steel, and steel-containing goods; a strengthening of monitoring tools to tighten circumvention loopholes; new objective thresholds for future regulatory shields, focusing on steel products exceeding a 100kt annual import volume or evidencing a 30% increase in volume over a ten-year period; as well as general measures to incentivize domestic industrialization and reward compliance, rather than suffer its effects.
Benjamin Steven Journalist, Steel
Maria Tanatar Associate Director, Steel and Green Steel
RESOUREX: Cautious optimism mark Europe’s steel market in October
According to the latest RESOUREX® Review & Outlook (October 2025), Europe’s steel market is showing early signs of stabilization after a turbulent year. Trading activity has picked up slightly, with RX® metrics returning to the 120–170 range — a sign that the market has regained some rhythm, though confidence remains fragile.
Production across Europe remains subdued, with German steel output still down around 3% year-on-year, reflecting the combined pressures of high energy and CO₂ costs and persistent logistical constraints. Many producers are keeping a defensive stance, prioritising efficiency and flexibility over volume to navigate narrow margins.
Meanwhile, policy developments are reshaping the global steel landscape. The European Union is considering tighter import safeguards, while the United States has doubled steel tariffs to 50%, prompting shifts in trade flows and renewed scrutiny of cross-border steel movements. In Europe, several large mills are reassessing their “green steel” investment timelines as high hydrogen costs challenge economic viability.
Despite these headwinds, spot prices are stabilising and buyer activity is cautiously returning. The overall tone for October is one of measured optimism, with hopes pinned on stronger demand from the automotive and construction sectors in the fourth quarter.
RESOUREX® also highlights the growing role of digitalisation in steel trading and supply chains. As automation, real-time data, and AI-based trading platforms gain traction, the sector is seeing new efficiencies and transparency — vital tools for navigating volatile markets and supporting sustainability goals.
The company will present its latest digital trading innovations at Blechexpo 2025 (Stuttgart, 21–24 October, Hall 10, Stand 10201), showcasing how technology is reshaping the future of metals trading.
Gestamp and Hydnum Steel join forces to produce clean automotive steel
Gestamp, a leading multinational in automotive components (Tier 1 supplier), and Hydnum Steel, a new-generation flat steel producer, have signed an agreement to use clean steel produced with renewable energy and green hydrogen for automotive manufacturing — a major milestone in the decarbonisation of the mobility and steel value chain.
Under the partnership, Gestamp’s recycling subsidiary Gescrap will supply high-quality scrap from its stamping operations to Hydnum Steel’s Puertollano plant, where it will be transformed into ultra-low CO₂ steel through electric arc furnaces powered by renewable energy and green hydrogen instead of natural gas. The resulting clean steel will be reincorporated into Gestamp’s production cycle, strengthening its circular economy strategy and supporting automakers’ transition toward the Net Zero Car.
Hydnum Steel’s upcoming Puertollano facility — the first of its kind in the Iberian Peninsula — will be a flagship project for industrial decarbonisation, combining green hydrogen, full scrap traceability, advanced digitalisation, and a zero-discharge water system. The process will reduce CO₂ emissions by up to 98% compared to conventional steelmaking.
According to Javier Imaz, Gestamp’s Chief Purchasing Officer, the agreement “marks another step forward in our efforts to decarbonize the automotive industry and strengthens our circular economy model.” Gilles Mirol, Chief Marketing Officer of Hydnum Steel, added that the collaboration “reflects the commitment of both companies to advancing a sustainable and efficient European industry.”