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SSAB plans to supply the market with fossil-free steel at a commercial scale in 2026, using the HYBRIT system to replace coking coal, traditionally needed for iron ore-based steelmaking, with electricity and hydrogen.
Green steel venture HYBRIT (Hydrogen Breakthrough Ironmaking Technology) is created and owned by SSAB, Swedish state-owned utility Vattenfall and Swedish miner LKAB.
Mercedes-Benz expects that by 2039 its new passenger car fleet will become carbon dioxide-neutral along the entire value chain.
SSAB had in June partnered with Volvo Cars to jointly explore the development of fossil-free steel for use in the automotive industry.