SSAB to Deliver 'Fossil-Free' Steel to Epiroc for Mining Equipment

By Dominic Chopping

STOCKHOLM--Swedish steelmaker SSAB AB said Monday it will deliver fossil-free steel to Epiroc AB for use in mining equipment production.

The company said Epiroc will initially use the steel, which is produced without carbon dioxide emissions, for a prototype underground machine produced at its facility in Orebro, Sweden, and the plan is to increase use of fossil-free steel over time.

SSAB aims to deliver fossil-free steel to the market in commercial scale during 2026, having delivered the first steel made of hydrogen-reduced iron in 2021.

SSAB works with iron-ore producer LKAB and energy company Vattenfall Group as part of the Hybrit initiative to develop a value chain for fossil-free iron- and steel production, replacing coking coal traditionally needed for iron ore-based steelmaking, with fossil-free electricity and hydrogen.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

April 11, 2022 04:18 ET (08:18 GMT)

Ssab Swedish Steel (PK) (USOTC:SSAAY)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024