Vattenfall and SSAB in new fossil-free steel collaboration
Vattenfall and SSAB have signed a letter of intent regarding deliveries of fossil-free steel produced with HYBRIT technology.
Building on the existing HYBRIT initiative, launched in 2016 with the aim of revolutionising the steel industry by replacing coal with fossil-free hydrogen, the two companies expanded their collaboration in 2023 to include deliveries of fossil-free steel.
SSAB will supply Vattenfall with fossil-free steel produced at the HYBRIT pilot plant in Luleå, to be used in Vattenfall’s operations.
Deliveries of fossil free steel will come from:
- SSAB Zero™ which is made of recycled steel and produced with fossil-free electricity and biogas
- SSAB Fossil-free™ steel which is produced by using HYBRIT technology, with direct reduction of iron ore using fossil-free hydrogen – emitting water instead of CO2.
The collaboration also involves working with subcontractors to ensure that at least 10% of the steel that Vattenfall purchases annually is fossil-free by 2030. This initiative supports Vattenfall’s goal of achieving net-zero emissions by 2040 and aligns with the objectives of the First Movers Coalition.
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