Norwegian decarbonized steel developer Blastr Green Steel has announced a significant partnership with Germany-based steel distributor Interfer Edelstahl Group. The two companies have signed a memorandum of understanding for the annual supply of 150,000 metric tons of ultra-low carbon HRC grade steel products.
This agreement marks Blastr’s second major offtake deal in just over a month, covering a combined 10% of the planned capacity at Blastr’s green steel plant currently under development in Inkoo, Finland. Deliveries are scheduled to begin by the end of 2029, with discussions on a binding agreement set to start in early 2025.