NewsFlash / Steel / HBIS Group Co., Ltd. of China signs green steel supply agreement with Italy
HBIS Group Co., Ltd. of China signs green steel supply agreement with Italy
iconJul 23, 2025 13:00
Source:SMM
China's HBIS Group Co., Ltd. (HBIS) announced that it had reached an agreement with Italian end-users to supply over 10,000 metric tons (mt) of hydrogen-smelted green steel by the end of August 2025. The carbon footprint of this batch of products is reduced by 50% compared to traditional processes, and it comes with an Environmental Product Declaration (EPD). This marks HBIS's first batch of commercial orders in response to the European Union's Carbon Border Adjustment Mechanism (CBAM), with both parties planning to further collaborate on building a low-carbon supply chain.
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