16 May 2022 --- H2 Green Steel has secured offtake supply agreements for over 1.5 million tons of its carbon-reduced steel, which it will begin producing in 2025. The company says the pre-sales indicate “a clear sign of strong customer demand for green steel.” The customer contracts include different industries and have a duration of approximately 5-7 years. The planned initial yearly production volume is 2.5 million tons.
