This might be a game changer.
"The first fossil-free steel in the world is not only a breakthrough for SSAB, it represents proof that it's possible to make the transition and significantly reduce the global carbon footprint of the steel industry," said Martin Lindqvist, president and CEO of SSAB, in the statement. "We hope that this will inspire others to also want to speed up the green transition.”Steel is actually one of the most carbon-intensive materials out there.
It makes sense when you think about it. After all, everything from cars to buildings to furniture all have steel in them. So being able to cut that down with green steel is going to have an outsized impact on lessening global emissions.To put it incredibly simply, you essentially need two ingredients to create traditional steel: iron ore and carbon. The ore is melted in a blast furnace using coking coal, which is a high-carbon fuel that adds more of the element to the iron.
After another process in which the iron is melted again and has oxygen blown through it, you get steel.If successful in its commercial phase with Volvo, we can see a veritable revolution in green steel in the future. That’s going to help go a long way in combating climate change —
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