# Schaeffler signs long-term green steel supply deal with H2greensteel

Schaeffler has signed a long-term purchase agreement with Swedish startup H2greensteel for the supply of green steel strips produced without fossil fuels, reducing CO2 emissions by up to 200,000 tons per year.

- Type: Contract
- Announced: 2021-12-16
- Status: completed
- Products: green steel strips
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md) (customer)
- [H2greensteel](https://endata.com/companies/59788.md) (supplier)

## Sources

- [sinoeuprocurement.eu](https://sinoeuprocurement.eu/2021/schaeffler-to-buy-green-steel-from-swedish-startup-company-h2greensteel/), 2021-12-16: "Schaeffler is the first automotive Tier 1 supplier customer of H2greensteel worldwide."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.