Sweden’s H2 Green Steel said Oct. 2 it has signed a Eur150 million ($157.5 million) steel sales agreement with steel and aluminum service center group Roba Metals in the Netherlands.
The deal covers seven years from the start of production and entails the delivery of “near zero emissions steel” from Boden, in northern Sweden.
H2 Green Steel plans to bring to market steel produced with ferrous scrap and hot-briquetted iron using renewable energy and green hydrogen, and it is working on an electric arc furnace and direct-reduced iron steel rolling complex.
Roba Metals is active in the metals value chain, in areas including steel, aluminum, stainless steel, cradle-to-cradle recycling and nonferrous metals, H2 Green Steel said.
“As part of this agreement, Roba Metals will work to develop the regional market for green steel whilst also processing and distributing the steel product from H2 Green Steel to customers via its service center in Genk in Belgium,” it said.
Roba plans to offer customers the option of near zero emissions steel from H2 Green Steel as part of its product range in the near future, Florin Negulescu, director at Roba Metals, said in a statement.
Roba’s activities include purchasing raw materials to smelting, and from sales to logistics with delivery services, it said.