WASHINGTON (dpa-AFX) - Nucor Corporation (NUE) has signed an agreement with
Mercedes-Benz to supply Econiq-RE for Mercedes-Benz models produced at their
Tuscaloosa, AL manufacturing plant. By using Econiq-RE, greenhouse gas emissions
can be reduced to less than half that of extractive blast furnace-based steel
production.

'Nucor is grateful for the opportunity to partner with Mercedes-Benz as a
strategic supplier of lower-embodied carbon steel, which will reduce carbon
emissions throughout their supply chain,' said Dan Needham, EVP of Commercial.

In 2023, Nucor announced Net-Zero science-based greenhouse gas targets for 2050
and used an average of nearly 80 percent recycled scrap through the company's
circular production process.



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