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thyssenkrupp Materials Services and Stegra agree on significant multi-year non-prime steel supply

thyssenkrupp Materials Processing Europe has signed an agreement with Stegra for the delivery of steel from Stegra’s site in Boden, Sweden. First deliveries are expected to start in 2027. The total tonnage of the agreement will be in the high-six-digit range.

In the multi-year agreement, thyssenkrupp Materials Processing Europe will acquire significant amounts of non-prime steel from Stegra to supply its customers in various industries across Europe.

thyssenkrupp Materials Processing Europe is part of thyssenkrupp Materials Services and is a major European steel and aluminum service center. It supplies processed steel products based on each customer’s specifications in segments including automotive suppliers, construction and OEMs.

Stegra is currently building a steel production facility in Boden, Sweden, which will produce steel with green hydrogen from renewable electricity. Due to the nature of the steel production process, steel mills produce a certain amount of non-prime steel: material that doesn’t meet the highest quality standards that certain applications may require, but is still a strong and durable material eligible for various uses. As a result, non-prime steel makes up a relevant portion of the steel market in Europe.