SSAB is committed to minimizing any adverse environmental impacts from our operations. For SSAB, circularity is a key factor in increasing efficiency to help mitigate climate change.
Material efficiency means making more out of less material, thereby increasing efficiency in the use of natural resources. The production of iron and steel gives rise to a range of residuals. Recirculating material as raw material back into the steelmaking process reduces the need for virgin, raw materials which in turn reduces CO2 emissions and waste. Material that is not recirculated internally is processed into by-products and sold externally, creating new revenue streams as well as reducing CO2 emissions by substituting natural resources in other industries. The choice between internal use and external sales is based on sustainability evaluation. Material value as raw material i.e. value in use and quality parameters as well as environmental effects are the key factors in this evaluation.
Steel is unique in its capacity to be infinitely recycled without loss of properties or performance and is the most recycled material in the world today. The use of recycled steel in the production of new steel lowers the environmental footprint and optimized steel recycling is hence a critical element in reducing carbon emissions. In addition, much of the material generated from our production is recirculated back into our own processes, thereby reducing both the need for virgin raw materials, and CO2 emissions and waste. Learn more about our targets and performance.
SSAB will stepwise move toward a fossil-free steelmaking process through the HYBRIT initiative and eliminate other fossil fuel related emissions, making it possible to be fossil free within the entire operation.