SSAB will attend meetings in conjunction with UN climate talks at COP26 in Glasgow to highlight the importance of an effective framework for industrial transition to support the possibility to reach the UN’s climate change goals.
“We are at the COP26 in Glasgow to show that it is both possible and necessary to transform the steel industry and in principle to eliminate carbon dioxide emissions in steelmaking. However, to support a quick, fair change with a possibility to reach the UN’s climate change goals, heads of states and governments will need to make bold decisions at COP26. We need carbon emission pricing globally and we also need a framework to support level playing field conditions for change,” says SSAB’s President & CEO Martin Lindqvist.
SSAB’s goal is to make fossil-free steel and together with our partners to create an entirely fossil-free value chain for steelmaking. In July, SSAB produced the world’s first fossil-free steel from sponge iron made with HYBRIT technology, which means direct reduction using 100% fossil-free hydrogen instead of coal and coke. In 2026, SSAB plans to supply the market with fossil-free steel at a commercial scale.
SSAB, LKAB and Vattenfall launched Hybrit (Hydrogen Breakthrough Ironmaking Technology) in 2016 with the aim of developing a technology for fossil-free iron- and steelmaking. Hybrit technology replaces the coal and coke traditionally used for iron-ore based steelmaking with fossil-free electricity and hydrogen. The process largely eliminates carbon dioxide emissions in steelmaking.
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