First In Fossil Free Steel
SSAB, the company behind Hardox® steel is taking the lead in reducing the carbon footprint of the steel industry and is aiming to launch the world’s first fossil-free steel by around 2026. SSAB has produced the world’s first fossil-free steel and delivered it to a customer. The trial delivery is an important step on the way to a completely fossil-free value chain for iron- and steelmaking and a milestone in the HYBRIT partnership between SSAB, LKAB and Vattenfall.
“The first fossil-free steel in the world is not only a breakthrough for SSAB, it represents proof that it’s possible to make the transition and significantly reduce the global carbon footprint of the steel industry. We hope that this will inspire others to also want to speed up the green transition,” says Martin Lindqvist, President and CEO of SSAB.
“Industry and especially the steel industry create large emissions but are 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 crucial. The work done by SSAB, LKAB and Vattenfall within the framework of HYBRIT drives the development of the entire industry and is an international model”, says Minister of Trade and Industry of Sweden Ibrahim Baylan.
The goal is to deliver fossil-free steel to the market and demonstrate the technology on an industrial scale as early as 2026. Using HYBRIT technology, SSAB has the potential to reduce Sweden’s total carbon dioxide emissions by approximately ten per cent and Finland’s by approximately seven per cent.
“We’ll be converting to electric arc furnace in Oxelösund as early as 2025. This is the first production site within SSAB to make the transition, and it means that we’ll already be cutting large amounts of carbon dioxide emissions then. This is a major responsibility, one that we’re proud to shoulder, and it brings great opportunities to the region,” says Johnny Sjöström, Head of SSAB Special Steels Division.