Salzgitter AG and Ørsted launch strategic partnership

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Salzgitter AG and Ørsted will work together as strategic partners in the future. In a memorandum of understanding (MOU), the companies have defined their joint approach: Salzgitter AG and Ørsted aim to establish closed value chains in their business relationships. In addition to the supply of offshore wind power and the use of renewable hydrogen, the production of low-carbon steel and its use in the components for Ørsted's offshore wind farms are included. There are also plans to recycle scrap from decommissioned wind turbines into the steel production process.

Gunnar Groebler, Chairman of the Executive Board of Salzgitter AG, says: "The drive in society for climate neutrality is our incentive for the rapid further development of the company with a focus on circularity,... ... More: Official Press Release Ørsted

Keywords:

Ørsted, Salzgitter AG, circular economy, partnership, offshore, steel, production, wind farm, turbine, CO2, emissions, industrial scale