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18 Mar
06:52

Meranti Green Steel signs European offtake deal

Singapore-headquartered green steel developer Meranti Green Steel has signed a memorandum of understanding with German trader and stockist Interfer Edelstahl Handelsgesellschaft. This could lead to an offtake deal for Meranti’s hot rolled coil, Kallanish notes. The move is the first agreement signed for Meranti’s downstream products. The company has previously inked agreements with suppliers of raw materials and electricity, as well as equipment produc…
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