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News Article

SSAB to Introduce Fossil Fuel-Free Steel

By Alfonso Núñez | Thu, 01/27/2022 - 18:01
  • You can watch the video of this panel here.

 

In an effort to launch the first ever fossil fuel free steel produced in the market by 2026, SSAB, Swedish Steel AB, a global steel manufacturing company, aims to reinvent the use of steel in mining by approaching the future production of steel in a sustainable manner and introduce a premium product without CO2 emissions in its process. Through this product, SSAB will be a leader in sustainability and plans to be CO2 free by 2045.

 

The product will be developed by HYBRIT steel making technology, bringing about a revolution in steel making as the technology turns iron ore into steel using hydrogen and no coal for ironmaking to then emit only water. HYBRIT is already underway and starting in 2025 will convert their blast furnaces into electric arc furnaces.

 

Arturo Rivas, Regional Sales Manager, said, the company looks “…to not only sell a product, but also offer a service.” Through HARDOX production, the company presents the highest useful life with relation to steel of the same specification with extreme durability and designed for resistance in impact.

 

Tomás Falcón, Technical Development Manager, explained how SSAB innovates support and engineering service to support clients with innovative project to find something that is not currently available in the market. One example of innovation is the fossil fuel free steel the company will introduce in the coming years.

 

Jorge Garduño, Area Sales Manager, reported the company’s commitment is to a stronger, lighter and more sustainable world during Mexico Mining Forum 2022.

 

“Our world is built using steel and with a growing need on infrastructure and teams, we need more sustainable solutions,” said Garduño.

 

As a steel global company positioned in leadership fabrication of high resistance steel and related services, the company today is well positioned to introduce a new product into the market which could revolutionize sustainability in the industry.

 

Manufacturing since 1878, SSAB employs more than 14,000 professionals in over 50 countries through its five branches (SAB Specialized steels, SSAB Europe, SSAB Americas, Tibnor and Ruukki Construction) and has an annual capacity of 8.8 million tons steel resulting in approximately US$7 billion earnings. Productions accounted for 30 percent of thick steel plate production in North America and 25 percent of global specialized steels.

 

SSAB also has a strong global and local presence in more than 150 countries hiring locally to boost market employment opportunities. The company’s brands are recognized worldwide and these include STRENX, HARDOX, DOCOL, TOOLOX, ARMOX and GREENCOAT. These companies offer more than steel by providing high quality products that guarantee resistance and consistency. .

 

Through conventions with certified local workshops the chain of Hardox Wearparts include approximately 540 centers in more than 100 countries. The company offers local stocks, processing services, advanced engineering services, recognized brands, loyalty programs, marketing support as well as technical support. SSAB provides steel to various industries ranging from automotive to construction to mining and energy.

 

However, Garduño explained that the steel industry is responsible for seven percent of global CO2 emissions as a result of emissions produced in the burning of fossil fuels for steel production. Although steel is the most recycled material in the world, the product does not lose its quality and can be recycled multiple times. The percentage of recycled steel in the production process will continue to be 50 percent by 2050.

Alfonso Núñez Alfonso Núñez Journalist & Industry Analyst