SSAB to supply green steel to Cargotec

The partnership is another milestone moving toward sustainable development and a fossil-free product offering.

Ssab (a Swedish steel producer) and Cargotec (a leading provider of cargo and load handling solutions) have agreed to use hydrogen made fossil-free steel in the cargo handling industry.

Both partners agreed to start working toward using Ssab’s fossil-free steel in Cargotec’s cargo handling equipment. The partnership will benefit both parties and end-users.

Martin Lindqvist, President and CEO of Ssab, said, “Close collaboration with the development of a fossil-free value chain means we contribute to strengthening our customers’ competitiveness and to reducing their carbon footprint. Together, we also ensure the best solutions for end-users.”

Mika Vehviläinen, CEO of Cargotec, said, “We are paving the way in the cargo handling industry through commitment to using fossil-free steel and have this unique opportunity to work with a forerunner in fossil-free steel development.”

Cargotec goal

Steel and steel components are the main contributors to the CO2 footprint at Cargotec’s scope 3 (value chain) upstream emissions. The total CO2 footprint comprises upstream emissions, which account for over a third of Cargotec’s total emissions,  emissions from own operations (scope 1 and 2), and emissions from the use phase of the products (scope 3 downstream). Fossil-free steel has a significantly lower environmental impact and hence, contributes towards a carbon-neutral value chain.

SSAB green steel

Ssab, Lkab and Vattenfall developed Hybrit (Hydrogen Breakthrough Ironmaking Technology) in 2016, to develop a technology for fossil-free iron- and steelmaking. In July 2021, Ssab Oxelösund rolled the first fossil-free steel produced using Hybrit technology, i.e., reduced by 100% fossil-free hydrogen instead of coal and coke, with good results. Ssab aims to supply the market with fossil-free steel by 2026 at an industrial scale after converting its Oxelösund blast furnaces into an electric arc furnace and using Hybrit technology.

Ethan Mandel

Ethan is the special correspondent for Europe covering the hydrogen industry for H2 Bulletin. Please click on the email icon to contact me via email or follow me on social media. I am reachable on Phone: 02081237815
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