h2-view.com/story/mercedes-signs-binding-offtake-agreement-with-h...

h2-view.com/story/mercedes-signs-binding-offtake-agreement-with-h2-green-steel-as-the-companies-look-at-north-american-opportunities/




German automotive giant Mercedes-Benz has signed a binding agreement with H2 Green Steel for the delivery of 50,000 tonnes of hydrogen-produced steel to its European production facility, with eyes on a North American expansion.As an early investor in H2 Green Steel, Mercedes initially confirmed its demand for steel through an offtake agreement. Having now developed into a binding agreement, the green steel is set to be used to help reduce the company’s environmental impact from car manufacturing."

Early bird gets the worm.