Germany-based Klöckner & Co has announced that it has expended its cooperation with Georgsmarienhütte GmbH, a subsidiary of GMH Gruppe, to buy high-grade CO2-reduced quality steel in order to then sell it in the ‘Plus’ category under its Nexigen® umbrella brand. According to the statement, an initial delivery of 25 tonnes of CO2-reduced quality steel was sent to Kloeckner Metals Netherlands, a subsidiary of Klöckner & Co.
Bernhard Weiß, member of the management board and CEO Europe of Klöckner & Co, stated that the cooperation in question will allow them to expand their range of green products under Nexigen® brand and enable them to significantly increase the availability of green steel for their customers.