Hydnum Steel, the first steelmaker to produce green steel on the Iberian Peninsula, has signed a landmark strategic agreement with Gonvarri Industries, a global leader in metal transformation. This partnership aims to drive the transition towards sustainable industrial practices in Spain and beyond.
The agreement, valued at €1 billion over an initial seven-year period, underscores a shared vision to promote green steel as a cornerstone for sustainable development. Hydnum Steel will supply decarbonised steel from its state-of-the-art green steel plant in Puertollano, set to become Spain’s leading producer with an annual capacity of 2.6 million tonnes of flat steel.
This collaboration highlights both companies’ dedication to innovation and environmental responsibility, positioning Spain as a European leader in green steel production. The partnership aims to integrate green steel into key sectors such as construction, energy, and automotive, offering high-quality, low-carbon products that meet the strictest environmental standards.