Swedish green steel venture HYBRIT said that it had made world's first fossil-free steel as it looks to revolutionize an industry that accounts for around 8% of global greenhouse gas emissions
"I'm happy to be minister for enterprise and energy in a country where industry is bubbling with energy for a reset," Ibrahim Baylan, Minister for Business, Industry and Innovation, told a press conference on Wednesday.
A worker climbs on steel bars at a construction site of a subway in Chengdu, Sichuan province, China August 14, 2018. Chengdu Economic Daily REUTERS/Stringer SSAB, which accounts for 10% of Sweden's and 7% of Finland's carbon dioxide emissions, said the trial delivery was an "important step towards a completely fossil-free value chain".
Another green steel venture, H2 Green Steel, is planning to build a fossil fuel-free steel plant in the north of Sweden, including a sustainable hydrogen facility, with production starting in 2024.
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