Tata Netherlands has announced that it will start supplying green steel to a European plant owned by Ford Motor Company in 2030. According to a preliminary agreement reached between the two companies, Tata Netherlands will start producing green steel at its IJmuiden plant in the Netherlands in 2030.
Van den Berg, chief executive of Tata Netherlands, said Ford Motor Co. wants to use green steel in large quantities. To this end, Tata will actively take steps to be able to meet this demand.
Separately, Ford said it has signed memorandums of understanding with ThyssenKrupp and Salzgitter to ensure a stable supply of green steel in the near term, so that it can successfully produce new electric vehicles in Cologne, Germany next year. Ford Motor Co said the memorandums of understanding will help it make business operations carbon neutral across Europe by 2035.
Improving Ford's supply chain is key, Ford Motor Company's European purchasing director said in a statement. As the use of green steel increases, Ford will take a major step toward its goal of carbon neutrality.
