Steel Times International’s Post

Swedish steel company SSAB has decided to build a modern, environmentally friendly mini-mill in Luleå, Sweden. The project involves shutting down the current blast furnace-based production system. This will reduce CO2 emissions in Sweden by 7% in addition to the 3% achieved through the conversion of the Oxelosund plant. The capacity of the future production complex is estimated at 2.5 million tons of steel per year. The plant will be equipped with two electric arc furnaces, a modern finishing system, a hot rolling mill for SSAB’s specialty products, and a cold rolling mill to serve automotive manufacturers. The new plant will be supplied with raw materials consisting of fossil-free sponge iron from Hybrit’s demonstration plant in Gällivare and recycled scrap. “The transformation of Luleå is a major step on our journey to fossil-free steel production. We will remove 7% of Sweden’s carbon dioxide emissions, strengthen our competitive position and safeguard jobs with the most cost-effective and sustainable strip production in Europe,” says SSAB’s President and CEO Martin Lindqvist. The total investment in the construction of the mini-plant is estimated at €4.5 billion. By doing so, the company avoids the €2 billion investment that would have been required in the existing blast furnace-based production equipment over the next 10 years. The company will finance the construction with its own cash flows. The new mini-smelting plant will have a better cost position due to lower fixed costs, higher efficiency, shorter lead times and no CO2 emission costs. The new complex is scheduled to be launched in late 2028 and reach full capacity a year later. Environmental permits are expected to be obtained by the end of 2024. Read more here🔽 #GMKCenter #Ukraine #steelmakers #steel #projects #CO2 #carbon #emissions #SSAB #investments #Sweden #iron #scrap #EU #Europe #blastfurnace #decarbonization

As the global construction industry races toward sustainability, SSAB's EUR 4.5 billion investment in a fossil-free steel mill in Luleå, Sweden, is setting a new standard. This innovation certainly isn't just a leap for the steel industry, it's a game-changer for green building certifications like LEED. Incorporating fossil-free steel can significantly boost LEED credits. By reducing embodied carbon and using advanced materials, projects can demonstrate a strong commitment to sustainability and gain a competitive edge. Let’s explore how sustainable materials are reshaping our industry and what this means for future LEED certifications! https://lnkd.in/gTTJZbQi #FossilFree #Sustainability #LEED #GreenBuilding #Innovation #Materials #GreenFuture #Carbon #SustainableDesign

Did you know steel is the more climate-friendly metal for #solar module frames? ☀️ In the latest Environmental Impact Report from Boundless Impact Research & Analytics, the analysis of Origami’s steel module frames highlights significant environmental advantages. Read more below. 👇 https://lnkd.in/enSiihH9 #solarpower #manufacturing #sustainability

Steel industry can be decarbonised in phases. Every phase needs bottom up innovation. #climatechange #climatetech #sustainability #innovation Video source - BHP

Join our webinar on the 16th of May where we delve into the steel industry's transition towards sustainability. The demand for steel globally does not look like it will slow down anytime soon. This is why it is integral that the industry looks towards incorporating innovative solutions that will minimize environmental impact. Catch our session at 9 AM CEST or 3 PM CEST where you will learn more about the how and what of decarbonizing steel production, considering its reliance on carbon. The industry's transition to decarbonization is hindered by factors such as high expenses and complexity, despite the presence of suitable technology. Sign up and secure your spot at our informative webinar today: https://bit.ly/4aNDOS2 #GreenSteel #HeavyIndustry #EngineeringTomorrow #EnvironmentalImpact #DanfossDrives

Moving from a dirty Carbon producing Steel industry to a cleaner Green Steel industry. It will take time and money but If these technologies continue to advance and gain traction, we could see a significant reduction in the carbon footprint of steel produced, which would be a huge win for the environment.

Leading the Way in Sustainable Steel: Coen Steel’s Commitment to Fossil-Free Steel! During the week, we had the opportunity to meet with John Sisk Builders along with SSAB to discuss the future of fossil-free steel and how it’s set to transform the way we build. The discussion focused on HYBRIT, a revolutionary technology developed by SSAB, which produces steel using hydrogen instead of traditional coal-based methods. This ground-breaking approach significantly reduces the carbon footprint of steel production, helping to address the urgent need for decarbonization across industries. As the only supplier in Ireland offering fossil-free steel, Coen Steel is proud to be at the forefront of this important change. At Coen Steel, we understand that the construction industry plays a critical role in the transition to a net-zero future. By offering green steel as part of our product range, we enable our clients to integrate sustainable materials into their projects, helping them meet both environmental targets and regulatory requirements. Collaborations like the one with John Sisk Builders and SSAB are vital in advancing the adoption of greener construction practices. We are excited about the future and look forward to working together to create more sustainable, resilient infrastructure for the next generation. David Coen Rory Duff Giuseppe (Gez) Freti Nicola Galli #FossilFreeSteel #GreenSteel #Sustainability #HYBRIT #InnovationInConstruction #CoenSteel #SSAB #JohnSiskBuilders #NetZeroFuture

I've been fascinated by manufacturing since the 90s when I worked for Murray & Roberts. The interwoven processes, non-stop improvement in action. I'm so glad we are reinventing it for a new century. Manufacturing tends to be terrible for the environment and workers. There is a race for cheap and fast, and profit-driven mindsets lead to short-cuts. Government has to legislate, to make companies care. 20 years ago manufacturing moved to the developing world, and everyone stopped caring. Air, oceans, soil and lives are expendable when they are on the other side of the planet. The raw material at the heart of most manufacturing processes is either steel or plastic. People who lived in steel-making cities learned quickly that producing steel has consequences. We switched to plastics, now we know that has consequences too. I really hope this Swedish initiative has fewer consequences, because metals can be reprocessed. SSAB, LKAB and Vattenfall are making a unique joint effort to change the Swedish iron and steel industry fundamentally. Under the name HYBRIT, we are working together to develop the first fossil-free steel. The HYBRIT technology has the potential to reduce Sweden’s total carbon dioxide emissions by at least ten percent. This is equivalent to one third of the emissions from the industry and may, in the future, help to reduce emissions from iron and steel production globally. https://lnkd.in/dq2sT2Fg

Happy #WorldEnvironmentDay from the Steel Industry! ️ As steel producers, we understand the tightrope walk between progress and sustainability. Steel is the backbone of modern infrastructure, essential for everything from wind turbines to hospitals. Yet, its production can have a significant environmental impact. This World Environment Day, I'm proud to highlight the incredible strides the steel industry is making towards a greener future. We're: Reducing our carbon footprint: Investing in electric arc furnaces, exploring hydrogen reduction, and optimizing processes are all ways we're lowering emissions. Embracing circularity: Increasing the use of recycled scrap steel reduces reliance on virgin materials and cuts energy consumption. Prioritizing water conservation: Developing closed-loop water systems and minimizing water usage throughout production are crucial steps. There's still a long road ahead, but the steel industry is committed to being part of the solution. What are your thoughts on the steel industry's role in environmental sustainability? Let's discuss this in the comments! #SustainableSteel #ClimateAction #SteelIndustryExpert #WorldSteelAssociation

📣 Breaking news! Today, ResponsibleSteel launches the International Production Standard V2.1 to drive down steel emissions and improve sustainability across the supply chain. According to the International Energy Agency (IEA), the steel industry contributes around 10% to GHG emissions from energy and industry. As global leaders look for ways to mitigate the impacts of climate change, it’s more important than ever that the steel industry moves to decarbonise and adopt more responsible production practices. The ResponsibleSteel International Production Standard provides the steel industry with a technical roadmap to net zero and allows producers to demonstrate tangible progress across decarbonisation and other key ESG issues such as biodiversity, water stewardship, pollution, labour rights and more. We’re already making progress. ResponsibleSteel has over 80 sites in 19 countries certified against the International Production Standard’s Core requirements. Now, steelmakers are set to pursue the next step on ResponsibleSteel’s certification journey: certified steel. This way, we will create a universally consistent, credible market for responsible low-emissions steel. Learn more about the Standard: https://lnkd.in/dtPK3dn3 #steel #sustainability #standards #ESG #decarbonisation #supplychain