SSAB selected by U.S Department of Energy to explore possibilities for production of fossil-free steel in the U.S.

"We are pleased to have our project selected by the DOE for negotiations to accelerate decarbonization of the iron and steel sector. We see a great interest in sustainable products from the market and this project offers a critical opportunity to solidify a first-mover advantage for the U.S. industry," says Chuck Schmitt, President of SSAB Americas.

This initiative would enable SSAB to expand its sustainable domestic supply chain for steel products and also to advance the U.S. renewable energy transition objectives in response to the Bipartisan Infrastructure Law and the Inflation Reduction Act.

In January 2022, SSAB's Board of Directors made a policy decision to transform the production system in Sweden and Finland and make it largely carbon dioxide-free. In 2021, SSAB started to produce and deliver smaller volumes of fossil-free steel through the HYBRIT pilot plant in northern Sweden. In 2023, SSAB introduced SSAB Zero, a carbon dioxide-free steel based on recycled scrap and using fossil-free energy.

 

For further information, please contact:
Gunilla Hjalmarson, Head of External Communications at SSAB, gunilla.hjalmarson@ssab.com, phone: 46 76 117 91 85
Leigh Perry-Herndon, Director of Communications at SSAB Americas, leigh.perry-herndon@ssab.com, phone: +1 251-377-5438

 

Datum 2024-03-25, kl 14:00
Källa Cision
Skapa konto direkt med BankID hos Skilling så får du tillgång till tusentals finansmarknader inom valuta, aktier, krypto och mycket mer. Välj bland 1200+ CFD-instrument över 7 tillgångsklasser till konkurrenskraftiga priser. Skilling erbjuder också en kapitalförsäkring.
CFD är komplexa instrument och har en hög risk att förlora pengar snabbt på grund av hävstång. 77% av icke-professionella kunder förlorar pengar när de handlar med CFD med denna leverantör.