Swiss Steel discusses industry transformation and future plans

In a recent interview with marketSTEEL, Frank Koch, CEO of Swiss Steel Holding AG, highlighted the company’s pivotal role in transforming the steel industry.

Koch emphasized that the Swiss Steel Group is leading the charge in sustainability by focusing on reducing its carbon footprint through innovative technologies. Notably, the company offers green steel with a CO2 footprint 83% lower than the global industry average, showcasing its commitment to environmental responsibility.

Koch also addressed the ongoing restructuring efforts within the Group, particularly in Germany, where high energy costs pose significant challenges. To mitigate these, the company is implementing more efficient energy systems and exploring alternative energy sources to optimize production and reduce costs.

Looking ahead, Koch outlined the Group’s future as one driven by innovation, sustainability, and customer-centricity. Key initiatives include advancing scrap recycling processes, particularly in their Uginè, France site, and intensifying research and development to create environmentally friendly products that meet customer needs. Koch expressed confidence that these strategies will ensure the company’s continued success and deliver sustainable value to all stakeholders.

The interview underscores Swiss Steel Group’s commitment to leading the industry’s transformation towards a more sustainable and customer-focused future.

Read more: marketsteel.com