EQS-News

Klöckner & Co receives first CO2-minimized stainless steel coil from Outokumpu - Seite 2

From 2023 onward, Klöckner & Co and Outokumpu intend to supply larger quantities of CO₂-minimized stainless steel. The processing will be provided by Klöckner & Co’s German subsidiary Becker Stainless, among others. Outokumpu will be able to supply CO₂-minimized stainless steel in various categories of the new categorization developed by Klöckner & Co.

With the new categorizations for CO₂-reduced stainless steel and aluminum under the Nexigen umbrella, customers can directly identify the carbon footprint of products purchased from Klöckner & Co. The scales are rooted in international standards and classify low-carbon stainless steel and aluminum in six material-specific categories, each according to the complete CO₂ emissions from raw material extraction to production. The company thus offers its customers a simple way to reliably assess and compare the carbon footprint quality of sourced material.

Outokumpu has ambitious targets in terms of sustainability and is further shaping the stainless steel market by setting a new benchmark with its Circle Green product line, launched in June 2022. The Circle Green production was first of its kind globally, as no other stainless steel manufacturer has been able to produce stainless steel with such low emission levels – reflecting all the climate emissions from raw material extraction through the whole production chain. Outokumpu is proud to be placed in Klöckner’s ‘Prime’ category of Nexigen. Circle Green is available today and will contribute to further decarbonize the industry sector.

About Klöckner & Co:

Klöckner & Co is one of the largest producer-independent distributors of steel and metal products and one of the leading steel service companies worldwide. Based on its distribution and service network of around 140 locations in 13 countries, Klöckner & Co supplies more than 100,000 customers. Currently, the Group has around 7,200 employees. Klöckner & Co had sales of some €7.4 billion in fiscal year 2021. By expanding its portfolio of CO₂-reduced materials, services and logistics under the new umbrella brand Nexigen, the company is underlining its ambition as a pioneer of a sustainable steel industry. At the same time, as a pioneer of the digital transformation in the steel industry, Klöckner & Co has set the goal of digitalizing and largely automating its supply and service chain. This way, the company aims to become the leading digital one-stop shop platform for steel, other materials, equipment and processing services in Europe and America.