SSAB launches 'zero-emission steel'

Image Source: https://www.steeltimesint.com/news/ssab-launches-zero-emission-steel

SSAB launches 'zero-emission steel'

SSAB launches 'zero-emission steel'

Source: https://www.steeltimesint.com/news/ssab-launches-zero-emission-steel

According to SSAB, it is the first commercial steel of its kind and will be available later this year, with Volvo Group having already signed a delivery agreement at its launch. SSAB makes steel from both iron ore (currently the blast furnace route) and recycled steel (electric arc furnace route). “We are proud to already today be able to strengthen our portfolio with SSAB Zero™, as we see increasing customer demand for steels with low emissions,” said Martin Lindqvist, SSAB’s president and CEO. “By further enhancing steelmaking processes, we will provide a comprehensive offering with zero emissions while reducing the impact on the planet. It is particularly pleasing that we have been able to sign an agreement for SSAB Zero™ with Volvo Group already at launch.” “We are encouraged by the continuous development of low carbon solutions. We are making big strides forward with the introduction of low emission materials made from recycled steel with SSAB Zero™ in our products. In parallel with the already introduced fossil-free steel, it is another step towards fully climate-neutral transport solutions, and our partnership with SSAB is accelerating this ramp-up,” said Martin Lundstedt, president and CEO, Volvo Group. The quality and properties of SSAB Zero™ will be equal to SSAB’s conventional steel, the company has stated. The aim is to deliver 40kt of SSAB Zero™ to the market in 2023, ramping up to around 100kt in 2025.