SMX (Security Matters) Reports Full Industrial Marking Process For Steel Industry
Portfolio Pulse from Benzinga Newsdesk
SMX (Security Matters) has announced a full industrial marking process for the steel industry, enabling customers to accurately track, authenticate, and report the origination and amount of recycled content in their steel products. This technology aims to enhance compliance and operational transparency.
March 27, 2024 | 12:49 pm
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SMX's new technology for the steel industry could significantly enhance its market position by offering a unique solution for tracking and reporting recycled content, appealing to environmentally conscious customers.
The introduction of a technology that allows for the accurate tracking, authentication, and reporting of recycled content in steel products positions SMX as a leader in sustainability and compliance solutions within the steel industry. This innovation is likely to attract new customers, particularly those prioritizing environmental responsibility, and could set a new industry standard, positively impacting SMX's stock in the short term.
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