- The first customer delivery of fossil-free steel has just been delivered in Sweden.
- HYBRIT, who produced the steel, started test operations at its pilot plant in northern Sweden a year ago.
- The aim is to dramatically reduce carbon emissions of the steel industry, which currently accounts for 8* of global emissions.
Swedish green steel venture HYBRIT said that it had made the world’s first customer delivery of steel produced without using coal as it looks to revolutionize an industry that accounts for around 8% of global greenhouse gas emissions.
HYBRIT, owned by SSAB (SSABa.ST), state-owned utility Vattenfall (VATN.UL) and miner LKAB, said it would deliver the steel to truck-maker Volvo AB (VOLVb.ST) as a trial run before full commercial production in 2026.More info