SSAB Oxelösund today (August 18th) supplied the Volvo Group with the world’s first 100% fossil-free steel with HYBRIT technology, which uses hydrogen instead of coal and coke.
HYBRIT, founded by SSAB, LKAB and Vattenfall, produces carbon-free steel to decarbonise the steel-making industry while supplying green steel to manufacturers.
In June 2021, the three companies were able to present the world’s first hydrogen-reduced sponge iron from the HYBRIT pilot plant in Luleå.
This first sponge iron has since been used to make the first steel made using this groundbreaking technology.
The aim is to bring fossil-free steel to the market and to demonstrate the technology on an industrial scale as early as 2026.
With HYBRIT technology, SSAB has the potential to reduce total carbon dioxide emissions in Sweden by around 10% and Finland by around 7%.
Martin Lindqvist, President and CEO of SSAB, said, “The world’s first fossil-free steel is not only a breakthrough for SSAB, it is also proof that it is possible to make the transition and reduce the global carbon footprint of the steel industry to reduce significantly. We hope that this inspires others to accelerate the green transition as well. “
Ibrahim Baylan, Swedish Minister for Trade and Industry, said: “Industry, and in particular the steel industry, is a major source of emissions, but it is also an important part of the solution. To drive the transition and become the world’s first fossil-free welfare state, collaboration between business, universities and the public sector is vital.
“The work of SSAB, LKAB and Vattenfall in the context of HYBRIT is driving the development of the entire industry and is exemplary internationally.”
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