18.09.2023 15:27:58

Steel Dynamics To Procure CO2-reduced Steel For Mercedes-Benz Plant In Tuscaloosa, Alabama

(RTTNews) - Mercedes-Benz has signed an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama. The CO2-reduced steel is being introduced into series production at Tuscaloosa plant as early as September 2023.

"Following this strategy our agreement with SDI is another important milestone to establish a sustainable steel supply chain in North America," Gunnar Güthenke, Head of Procurement & Supplier Quality Mercedes-Benz Cars, said.

Mercedes-Benz has set itself the target of making its fleet of new vehicles net carbon-neutral over the vehicles' entire life cycle by 2039.

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Mercedes-Benz Group (ex Daimler) 56,36 0,57% Mercedes-Benz Group (ex Daimler)
Steel Dynamics Inc. 116,50 -4,23% Steel Dynamics Inc.