SSAB’s existing production system is already one of the world’s most efficient in terms of carbon dioxide emissions. Nevertheless, existing steelmaking technology using coke plants and blast furnaces means SSAB is Sweden’s largest single source of carbon dioxide emissions.
SSAB, LKAB and Vattenfall together are prepared to assume major responsibility to find a long-term solution to the carbon dioxide problem in the steel industry. Consequently, the companies have launched a joint industrial development project to create steel production that emits water instead of carbon dioxide.
With its specialized, innovative steel industry, access to fossil-free electricity and the highest-quality iron ore in Europe, Sweden is uniquely placed for such a project.
The aim is to reduce carbon dioxide emissions from ironmaking to zero by eliminating the need to use fossil fuel for iron ore reduction. The idea is to replace the blast furnaces with an alternative process, using hydrogen produced from “clean” electricity. This means that the by-product from ironmaking would be water not carbon dioxide.