9,949.01 TRY BIST 100 BIST 100
4.86 CNY CNY CNY
35.26 USD USD USD
36.74 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.08 TRY Interest Interest
73.25 USD Fossil Oil Fossil Oil
29.87 USD Silver Silver
4.12 USD Copper Copper
101.01 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,633.98 TRY Gold (gr) Gold (gr)

SSAB and BE Group announced cooperation for fossil-free steel

Swedish steelmaker SSAB and service company BE Group partnered on 22 May to identify significant new demand and opportunities for fossil-free steel.

SSAB and BE Group announced cooperation for fossil-free steel

"We are extremely pleased to welcome BE Group Oy as a fossil-free steel partner," said Lotta Ruottinen, Sales Director Europe at SSAB.

"At BE Group, we are focusing on expanding our fossil-free steel offering to all our markets," said Peter Andersson, CEO of BE Group.

The partnership will help BE customers better understand how to market and position their end products using premium fossil-free steel grades, while ensuring stability as they transition to producing fossil-free end products. The partnership will also help SSAB plan future production runs for specific grades of fossil-free steels.

SSAB aims to produce fossil-free steel on a commercial scale by 2026. Under the HYBRIT initiative, SSAB is working with iron ore producer LKAB and energy company Vattenfall to develop a value chain for fossil-free iron and steel production, using fossil-free electricity and hydrogen to replace the coking coal traditionally used in iron ore-based steel production.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Sovel agrees with Danieli for steel facility modernization

Friday, December 27, 2024

POSCO continues to lead as the world's most competitive steelmaker for 15 years

Friday, December 27, 2024

Russian steel market 2024 summary and what awaits us in 2025?

Friday, December 27, 2024

Volkswagen implements major cuts in production and employment

Friday, December 27, 2024

SCZone and Suez Steel sign $120 million deal at Adabiya Port

Friday, December 27, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now