BE Group signs letter of intent with H2 Green Steel regarding fossil-free steel
BE Group AB (”BE Group”) and H2 Green Steel (”H2GS”) have signed a letter of intent (so called “term sheet”) regarding cooperation and distribution of fossil-free steel at the Nordic market. The agreement means that BE Group will have the capacity to deliver the steel to its customers starting from 2025. The new cooperation is also an important step in BE Group’s ambition to, in the long run, offer a more complete assortment of sustainable steel. As an independent steel distributor, BE Group is having discussions with several European steel producers. H2GS has the ambition to start the