Nucor (NUE) and Mercedes-Benz Partner for Eco-Friendly Steel
NUENucor(NUE) Zacks Investment Research·2024-03-22 21:46

Nucor Corporation (NUE) recently signed an agreement with Mercedes-Benz, for the supply of Econiq-RE for the Mercedes-Benz models manufactured at its Tuscaloosa, AL plant. Since its establishment in 2022, Econiq has been at the forefront of the global steel industry, particularly in certifying low-embodied carbon materials. The introduction of Econiq-RE marks a significant evolution within Econiq, certifying Nucor steel or steel products manufactured using 100% renewable energy. This innovation promises to ...