2023-08-25 03:00:00
SINGAPORE, 8/25/2023 /PRNewswire/ — SSAB introduces SSAB Zero™, a fossil-carbon zero-carbon steel manufactured from recycled steel and using no fossil fuels. This is the first zero-emission steel to be commercialized and will be available in the market in the second quarter of 2023. This means that SSAB maintains its leadership in the green transition of the steel industry by providing a comprehensive product offering from zero-emission steel that is independent of raw materials. Volvo Group has signed a delivery agreement from the very moment the product was launched.
SSAB produces steel from both iron ore (currently blast furnace technology) and recycled steel (electric arc furnace).
To quote Martin Lindqvist, President and CEO of SSAB: “We are proud to have now been able to strengthen our product portfolio with SSAB Zero™ as we recognize customer demand for low-carbon steels. increasing emissions”, “We will offer a comprehensive product offering with zero-emission steel and at the same time reduce our impact on the planet, by enhancing the steel production process. entered into an SSAB Zero™ supply agreement with the Volvo Group from the moment of its product launch”.
“We are driven by the continued development of low-carbon solutions. We are making significant strides with the introduction of low-carbon materials from recycled steel such as SSAB Zero™ in Along with the introduction of fossil fuel-free steel, this is a step towards fully climate-neutral transportation solutions, and we are working with SSAB. cooperation accelerates this process,” said Martin Lundstedt, President and CEO of Volvo Group.
SSAB Zero™ is a zero-emissions and fossil-carbon steel, manufactured from recycled and fossil fuel-free steel, with no carbon offsets and a reduced weight balance distribution. Emissions. The quality and properties of SSAB Zero™ are comparable to conventional steel grades of SSAB. SSAB’s goal is to supply the market with 40,000 tons of SSAB Zero™ by 2023 and increase to approximately 100,000 tons by 2025.
In 2021, SSAB delivered the world’s first non-fossil steel plate to Volvo Group, and 500 tons of fossil fuel-free steel to a strategic customer in 2022.
The truth about SSAB . zero-emission steel
SSAB produces two zero-emissions steels: SSAB Zero™ from recycled steel, and SSAB Fossil-free™ from iron ore that does not use fossil fuels.
The truth about SSAB Zero™
SSAB Zero™ is created with zero fossil carbon emissions (less than 0.05 kg of CO2e emissions per kg of steel in ranges 1 and 2), including purchased and shipped energy. SSAB applies market emission indicators for used electricity and can guarantee fossil fuel-free electricity through its certification of provenance of electricity. Fossil fuels are kept in the ground because SSAB has implemented a system related to the production of SSAB Zero™ to accurately manage and ensure the source and use of alternative fuels. Using only recycled steel as a raw material means that SSAB Zero™ supports the circular economy. SSAB does not participate in carbon offset activities.
SOURCE SSAB
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