Swedish company 'HYBRIT' develops world's first fossil-free steel

A Swedish steel conglomerate, HYBRIT, has created the world’s first ever “fossil-free” steel, in an effort to reduce the global carbon footprint of the steel industry, which currently accounts for 8% of global emissions.
HYBRIT is a joint venture of SSAB (Swedish steelmaker), LKAB (Europe’s largest iron ore producer) and Vattenfall (one of Europe’s largest energy companies)
Using revolutionary HYBRIT technology, SSAB aims to replace coking coal, needed for ore-based steelmaking, with 100% fossil-free electricity and hydrogen.
The company has made its first customer delivery of fossil-free steel to truck-maker Volvo AB, as a trial run before going for full commercial production in 2026.
The initiative is part of SSAB’s plan to become world’s first steel company to bring fossil-free steel to the market by 2026, and be practically fossil free by 2045.

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