9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

Hybrit Project: A revolution in fossil-free Steel production

The Swedish Hybrit initiative announced that it will present the results of its six-year research on fossil-free direct reduced iron production technology to the Swedish Energy Agency.

Hybrit Project: A revolution in fossil-free Steel production

The Hybrit project, a product of the partnership between SSAB, LKAB, and Vattenfall, has resulted in the development of a new hydrogen-based technology for efficient fossil-free iron and steel production with 0.0 tons of CO2 emissions per ton of steel. Additionally, an innovative product called "fossil-free sponge iron" has been developed, which possesses superior properties compared to iron produced through traditional methods.

The pilot facility established in the city of Luleå has produced over 5,000 tons of hydrogen-reduced iron to date. This figure demonstrates that green steel production offers a real and scalable solution.

Fossil-free steel has already been used in the production of famous brand vehicles, heavy machinery, buildings, and consumer products. However, this Hybrit initiative stands out as the world's first project to eliminate fossil fuel use throughout the entire production chain from iron ore to steel. This groundbreaking development is seen as a significant step in the evolution of the steel industry towards a sustainable future.

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

German business community calls for economic reform

Thursday, April 3, 2025

US President Trump announces reciprocal tariffs

Thursday, April 3, 2025

Rebar inspection at collapsed skyscraper in Thailand

Wednesday, April 2, 2025

European Commission announces a Clean Industrial Deal

Thursday, February 27, 2025

Iron ore enrichment plant to be built in Tajikistan

Wednesday, April 2, 2025
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