SSAB selected by U.S Department of Energy to explore possibilities for production of fossil-free steel in the U.S.
SSAB has been selected for awards negotiations for up to 500 MUSD 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.“We are pleased to have our project selected by the DOE for negotiations to accelerate decarbonization of the iron and steel sector. We see a