The result will be unique: the world’s first fossil-free steel-making technology, with virtually no carbon footprint. The goal is to have a solution for fossil-free steel by 2026. A successful HYBRIT means that together we can reduce Sweden’s CO2
emissions by 10 % and Finland’s by 7 %.
Sweden has unique conditions for this kind of project, with good access to fossil-free electricity, Europe’s highest-quality iron ore and a specialized, innovative steel industry. In 2018, HYBRIT also will start investigating the possibilities of broadening the project to include Finland.
However, HYBRIT is no longer in the project phase. SSAB has already taken the next step – from feasibility study, to pilot plant. In June 2018, construction work for the pilot plant started in the Swedish town of Luleå, with completion expected to be ready in 2021.
Already before a solution for fossil-free steel making is in place, SSAB aims to cut its joint carbon dioxide emissions in Sweden by 25 % by as early as 2025, through conversion of the blast furnace in Oxelösund, Sweden.