Cargill led a financing round in Blastr Green Steel.

Cargill, an American multinational food corporation, led a financing round in Blastr Green Steel, a company decarbonizing steel production, with participation from INTERFER, Tesi and Vanir Green Industries. Financial terms were not disclosed. “It is increasingly urgent that the global steel industry delivers on its decarbonisation commitments. We are therefore very pleased with the strong momentum and progress made by the new Blastr leadership towards the realisation of an ultra-low CO2 steel value chain in Europe as part of developing a more sustainable ferrous industry,” Lee Kirk, Cargill Managing Director.