Outokumpu and Nordic Steel to collaborate on sustainable stainless steel in Norway
Outokumpu is partnering with Nordic Steel to introduce its low-carbon Circle Green stainless steel to the Norwegian market. The collaboration aims to significantly reduce the environmental footprint of stainless steel.
Steel company Outokumpu has initiated a collaboration with Norwegian steel structure manufacturer Nordic Steel. The partnership is set to introduce Outokumpu's low-carbon Circle Green stainless steel to the Norwegian market for the first time.
Outokumpu states that Circle Green steel has a carbon footprint up to 92% lower than the industry average. This collaboration supports the sustainability strategies of both companies and allows Nordic Steel to offer its customers a more environmentally friendly material.
The company emphasizes that decarbonizing the global steel industry is essential for achieving Europe's carbon neutrality goals. Nordic Steel was chosen as a partner due to its position as Norway's leading steel fabricator and their shared commitment to sustainability.
Circle Green steel is produced in Finland, and its significantly lower emissions, covering the entire production chain from raw material extraction, make it a unique offering. Nordic Steel believes the partnership will help Norwegian companies reduce their carbon dioxide emissions and support Europe's climate objectives.