Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, October 21 2021 - 12:00
AsiaNet
SSAB's fossil-free steel featured in Volvo Group's vehicle
STOCKHOLM, Oct. 21, 2021 /PRNewswire-AsiaNet/ --

In a world-first, Volvo Group reveals the first vehicle made of fossil-free 
steel produced by SSAB. The machine, a load carrier for use in mining and 
quarrying, is being unveiled at a Volvo collaboration event today in 
Gothenburg. 

More vehicles and machines will follow in 2022 in a series of concept vehicles 
and components using fossil-free steel from SSAB. 

"Having the world's first actual vehicle made using SSAB's fossil-free steel is 
a true milestone. Our collaboration with Volvo Group shows that green 
transition is possible and brings results," says Martin Lindqvist, President 
and CEO at SSAB. "Together, we will continue reducing climate impact all the 
way to the end customer while ensuring that our customers get high-quality 
steel. We look forward to continuing to work with Volvo Group in research and 
development to produce more fossil-free steel products." 

"This initiative with SSAB sets the benchmark for a fossil-free future. Just as 
the nations of the world come together at COP26 to address climate change, so 
too must organizations and industries work in collaboration to develop 
innovative new solutions for a greenhouse gas emission free future. Volvo Group 
is committed to pioneering partnerships such as this with SSAB to develop 
attractive, safe and efficient new vehicles and machines that pave the way for 
a more sustainable transport and infrastructure system adopted for the future," 
says Martin Lundstedt, President and CEO Volvo Group. 

In 2026, SSAB plans to supply the market with fossil-free steel at a commercial 
scale after a conversion of its Oxelösund blast furnaces into an electric arc 
furnace and by using HYBRIT technology, which replaces coking coal 
traditionally needed for iron ore-based steelmaking, with fossil-free 
electricity and hydrogen. This process is a deciding move toward virtually 
eliminating carbon dioxide-emissions in steel production. 

In August 2021, SSAB was able to show the world´s first fossil-free steel plate 
made from hydrogen-reduced iron produced at HYBRIT´s pilot plant in Luleå, 
Sweden. The HYBRIT initiative is a collaboration between SSAB, LKAB and 
Vattenfall, and an essential step toward a completely fossil-free value chain 
for steelmaking. 

SSAB is a Nordic and US-based steel company. SSAB offers value added products 
and services developed in close cooperation with its customers to create a 
stronger, lighter and more sustainable world. SSAB has employees in over 50 
countries. SSAB has production facilities in Sweden, Finland and the US. SSAB 
is listed on 

Nasdaq Stockholm and has a secondary listing on Nasdaq Helsinki. www.ssab.com. 
Join us also on social media: Facebook( https://www.facebook.com/ssab.ab/ ), 
Instagram( https://www.instagram.com/ssab/ ), LinkedIn( 
https://www.linkedin.com/company/ssab ), Twitter( https://twitter.com/SSAB_AB ) 
and YouTube( https://www.youtube.com/ssab ).  

SOURCE  SSAB

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   Caption: SSAB’s fossil-free steel featured in Volvo

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