Leading Swedish steel maker SSAB and construction company Peab are to collaborate on fossil-free, high-quality steel. This partnership means that Peab is the first construction company to secure fossil-free steel from SSAB for its construction projects. As part of this partnership, Peab plans to use SSAB’s fossil-free steel in construction projects from 2026 onward. Together, the two companies will also analyze various future possibilities for how fossil-free steel can reduce the climate footprint in the construction industry.SSAB President & CEO Mr Martin Lindqvist said “We are pleased to welcome Peab as a partner for our fossil-free steel products. Through fossil-free steel collaboration, we contribute to strengthening our customer’s competitiveness and to reducing their carbon footprint. Together, we also strengthen the position for fossil-free steel in the construction industry, while also helping to reduce global carbon dioxide emissions.”In 2026, SSAB plans to supply the market with fossil-free steel at a commercial scale after a conversion of its Oxelösund blast furnaces into an electric arc furnace and by using HYBRIT technology, which replaces coking coal traditionally needed for iron ore-based steelmaking, with fossil-free electricity and hydrogen. This process virtually eliminates carbon dioxide-emissions in steel production.SSAB, LKAB and Vattenfall created HYBRIT, Hydrogen Breakthrough Iron making Technology, in 2016, with the aim of developing a technology for fossil free iron and steelmaking.
Leading Swedish steel maker SSAB and construction company Peab are to collaborate on fossil-free, high-quality steel. This partnership means that Peab is the first construction company to secure fossil-free steel from SSAB for its construction projects. As part of this partnership, Peab plans to use SSAB’s fossil-free steel in construction projects from 2026 onward. Together, the two companies will also analyze various future possibilities for how fossil-free steel can reduce the climate footprint in the construction industry.SSAB President & CEO Mr Martin Lindqvist said “We are pleased to welcome Peab as a partner for our fossil-free steel products. Through fossil-free steel collaboration, we contribute to strengthening our customer’s competitiveness and to reducing their carbon footprint. Together, we also strengthen the position for fossil-free steel in the construction industry, while also helping to reduce global carbon dioxide emissions.”In 2026, SSAB plans to supply the market with fossil-free steel at a commercial scale after a conversion of its Oxelösund blast furnaces into an electric arc furnace and by using HYBRIT technology, which replaces coking coal traditionally needed for iron ore-based steelmaking, with fossil-free electricity and hydrogen. This process virtually eliminates carbon dioxide-emissions in steel production.SSAB, LKAB and Vattenfall created HYBRIT, Hydrogen Breakthrough Iron making Technology, in 2016, with the aim of developing a technology for fossil free iron and steelmaking.
