A steel slab rolls off a production line at SSAB's steel plant. The iron is melted to 1,500 degrees celcius.
The steel industry is the world's most pollutive in terms of carbon emission, contributing to around 8% of global greenhouse gas. In Sweden, SSAB is responsible for 10% of its emissions.
SSAB is transforming to fossil-free steel-making with the HYBRIT green steel initiative.
With HYBRIT technology, SSAB aims to be the first steel company in the world to bring fossil-free steel to the market in 2026 and largely eliminate carbon dioxide emissions from their own operations by around 2030.
In 2016, SSAB, LKAB (Europe's largest iron ore producer) and Vattenfall (one of Europe's largest energy companies) joined forces to create HYBRIT, an initiative that endeavours to revolutionise steelmaking. Using HYBRIT technology, SSAB aims to replace coking coal, traditionally needed for ore-based steelmaking, with fossil-free electricity and hydrogen. The result will be the world's first fossil-free steelmaking technology, with virtually no carbon footprint. Their goal is to reduce Sweden's CO2 emissions by 10% and Finland's by 7%.