SSAB has entered an agreement with U.S.-based Shape Corp., a tier-one automotive supplier of lightweight body structures, to deliver fossil-free steel crash management and body structure systems to market.
The shape will be testing SSAB’s fossil-free steel, the first steel product made of hydrogen-reduced sponge iron utilizing HYBRIT technology, for use in automotive applications.
“We are excited to welcome Shape as our first partner for fossil-free steel in the U.S. and look forward to jointly explore ways to mitigate climate change. Demand for fossil-free steel is increasing, which is one of the reasons for SSAB to bring forward its green transition with the ambition to largely eliminate carbon dioxide emissions around 2030.”
says Martin Lindqvist, President and CEO at SSAB.
“Shape continues to lead the industry with innovative, lightweight solutions for next-generation vehicles. Additionally, we have established a bold sustainability goal to be a carbon-free company by 2035. Our long-standing partnership with SSAB is built on years of collaboration and mutual respect between our companies. I am extremely excited to partner with SSAB to commercialize their new fossil-free HYBRIT steel technology and to be the first to market in crash management and body structure applications for our customers. We see this as a win for our customers, a win for the environment and a win for Shape!”
says Mark White, president and CEO at Shape Corp.
SSAB aims to deliver fossil-free steel to the market in a commercial scale by 2026. SSAB works with iron ore producer LKAB and energy company Vattenfall as part of the HYBRIT initiative to develop a value chain for fossil-free iron- and steel production, replacing the coking coal traditionally used for iron ore-based steelmaking with fossil-free electricity and hydrogen. This process virtually eliminates carbon dioxide emissions in steel production.
The shape has pledged to reduce its global carbon emissions 30% by 2030 and to be fully carbon-free by 2035. Shape aims to be carbon-free in its production and will reduce end user carbon emissions through the lightweight of the products Shape provides to its customers, mitigating climate change effects.
Copyright 2017-2023 All rights reserved.