Sweden´s SSAB plans fossil-free steel production in the USA
Swedish steelmaker SSAB has been selected for awards negotiations for up to US$500 million in funding from the U.S. Department of Energy for a potential construction of a HYBRIT manufacturing facility, capable of producing fossil free iron by using green hydrogen instead of fossil fuels. The project will also explore the possibility to expand capacity and capability at SSAB’s steel manufacturing operations in Montpelier, Iowa, including increased use of renewable energy. Source: SSAB