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A Swedish company succeeds in producing the World’s First Green Steel

The world’s steelmakers need a makeover. Their industry is one of the dirtiest, and it’s blamed for about 7% of global carbon emissions.

At the moment, the manufacturing processes of the biggest producers are doing the same old fashion and now they face a reckoning.

With the planet’s viability at stake because of global warming, producers know they must adapt to survive in a low-carbon future.

Sweden’s SSAB AB, with operations from Alabama to Shanghai, partnered with utility Vattenfall AB and miner LKAB to produce the first fossil-free steel by substituting green hydrogen for coal.

Deliveries of the clean metal started in August, with customers including Volvo Group, Mercedes-Benz AG and Cargotec Oyj of Finland.

Hybrit is a venture between the companies, who are spending 2 billion Swedish Kronor ($232 million) on a trial run through 2024.

 

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About AISU

Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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92 Members

28 Board of Directors

17 Country

300.000 Employees

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