• A new vision for European steel

    A new vision for European steel

Blastr Green Steel (BGS) is a leading-edge steel producer with an innovative and entrepreneurial approach to make Europe’s steel industry globally competitive once again.

Today, the steel industry in Europe faces significant structural challenges. We have the experience and creativity to change that. Our solution is to create a vertically integrated, low-cost steel value chain that redefines how steel can be produced.

By employing highly skilled workers, securing high-quality raw materials, and deploying state-of-the-art equipment, our vision is to produce premium steel with a fraction of the emissions, shaping a sustainable future for Europe’s steel industry.

BGS is led by an executive team with proven expertise in scaling and transforming steel operations globally.


Team

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    Mark Bula, CEO

    Mark Bula is a steel industry veteran with more than three decades of experience across the US, Europe, and the Middle East.

    He held a leadership role early on in his career at Nucor, which is recognised as one of the most successful turnaround stories in the history of American steel.

    Mark also served as a founding executive and Chief Commercial Officer at Big River Steel, which disrupted the US steel industry by operating the world’s first “flex mill”, combining mini-mill technology with the ability to produce high-end automotive and electrical steels.

    Through his career, Mark’s other positions have included serving as CEO of Vulcan Green Steel, CCO of H2 Green Steel. He also held leadership roles at Everguard.ai, the Steel Tube Institute of North America, and National Steel.

    Mark holds an MBA in International Business from the University of Toledo and a BSBA in Industrial Marketing from Robert Morris University

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    David Morant, CFO

    David Morant is an experienced executive with more than twenty years of infrastructure finance, investment banking, and capital markets.

    Previously, he directed capital markets and strategic initiatives at Scorpio Group, building global tanker and wind turbine installation vessel businesses.

    His career spans senior roles at JP Morgan, Soros Fund, and Manulife, with expertise across maritime, materials, and industrial assets.

    David combines deep experience in Series A fundraising, structured finance, and portfolio management to deliver large-scale equity and debt financings.

    He holds an MA (Oxon) in History and Economics from Magdalen College, Oxford.

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    Jaap Piso, Chief Commercial Officer

    Jaap is a senior commercial leader with over 35 years of experience in building and scaling industrial businesses across Europe, the Middle East, and North America.

    He has extensive expertise in sales, sourcing, and strategy across the steel and wider industrial sectors.

    Previously, Jaap led business development at Vulcan Green Steel, where he developed the customer and product portfolio, marketing, pricing, logistics, and enablers for a 5 Mt hydrogen-based steel startup in Oman.

    Jaap has also held senior leadership positions at NLMK, Tata Steel, Corus Staal, Cargill, and DSM Hydrocarbons.

    He is a graduate of the Erasmus University Rotterdam.

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    Viktor Forss, Chief Delivery Officer

    Viktor Forss is a business and operational leader with over 20 years of experience delivering and scaling complex industrial and energy projects across the Nordics and Europe. He has held executive and managing director level roles with full responsibility for strategy, commercial performance, organisational development and project delivery.

    At Blastr Green Steel, he has been central to building the company from inception and now leads delivery and development of Europe’s first integrated ultra-low CO₂ steel value chain across Finland and the UK.

    Prior to joining Blastr, Viktor held Managing Director and senior leadership roles at VEO Group, where he was responsible for large‑scale industrial and energy infrastructure projects, P&L performance, and organisational growth.

    Viktor holds a Master’s degree in Economics from Hanken School of Economics and a Bachelor’s degree in Engineering from Novia University of Applied Sciences.

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    Patrick Caron-Delion, General Counsel

    Patrick is a qualified solicitor and senior finance professional with over twenty years of experience in restructuring, asset management, and M&A. He has deep capital markets expertise across shipping, aviation, steel, real estate, PIF, and other asset classes.

    Previously, he served as General Counsel at Taylor Maritime Investments, managing corporate legal matters, restructuring initiatives, and post-merger integration.

    He has also held senior restructuring and legal advisory positions at Investec, Lloyds, Allco Finance Group, and Allen & Overy.

    Patrick qualified as a Solicitor of England & Wales in 1995 and holds a BA in Politics and French from the University of Bristol.


Our values


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Backed by Vanir

BGS is backed by Vanir Green Industries, a Nordic investment company dedicated to developing and scaling green, robust, and profitable businesses that accelerate the energy transition.

Vanir is led by a team of seasoned professionals with deep industrial expertise and a strong commitment to building a more sustainable future. Their support provides Blastr with the financial strength, strategic insight, and long-term vision needed to deliver on our mission.


Our partners

Across the value chain, we are developing partnerships with industry leaders, including

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