The TSR Group and thyssenkrupp Steel have signed a long-term supply agreement. The two companies are thus continuing their close cooperation on the path to a climate-neutral future and, with their partnership, are sending a joint signal for the circular economy, the decarbonisation of industry, and a reliable supply of the raw materials required for this.
The subject of the supply agreement is the recycled product TSR40, which TSR has been producing on an industrial scale at its recycling plant in Duisburg since 2023 and, since 2024, also in Hamburg and Amsterdam. TSR40 is made exclusively from post-consumer material such as end-of–life vehicles or mixed scrap. Thanks to the material specification guaranteed by TSR, the high-quality recycled raw material can be used in the blast furnace at thyssenkrupp Steel, reducing CO2 emissions and thus forming the basis for bluemint® recycled. Flat steel made from bluemint® recycled by thyssenkrupp Steel is suitable for all usual applications – whether for the automotive, packaging, or household appliance industries, for transformers, wind turbines, or electromobility: Except for their reduced specific CO2 emissions, the material properties of bluemint® Steel do not differ from those of conventionally produced steel grades.
Philipp Conze, Chief Financial Officer of thyssenkrupp Steel:
“The recycled product TSR40 is an important component of our decarbonization strategy. With TSR40, we are already providing our customers with the opportunity to significantly reduce their Scope 3 emissions. At the same time, it enables us to meet our customers’ growing demand for a higher proportion of recycled raw materials in our products.”
Denis Reuter, COO of the TSR Group, sees the agreement as another important step in providing significant support to the steel industry in its transformation:
“As a reliable partner, we consider it our duty to supply the industry with high-quality recycled raw materials. We are thus making a significant contribution to the transformation of the steel industry toward low-carbon steel production. Only in close cooperation can we ensure security of supply and at the same time make ourselves less dependent on unstable supply chains. With thyssenkrupp Steel as a long-standing partner, we are sending a clear signal in this regard.”
From right to left: Christian Blackert, Managing Director of TSR Resource GmbH & Co. KG; Martin Santer, Head of Procurement & Energy; Denis Reuter, Chief Operation Officer of TSR Group; Philipp Conze, Chief Financial Officer of thyssenkrupp Steel; Michael Kehne, Head of Procurement Alloys, Metals and Scrap
Image credits: © TSR Group
