SSAB and Fortum will launch a FEED study to explore the possibilities of making hydrogen-reduced sponge iron also in Raahe.
The FEED study will explore the possibilities of making fossil-free sponge iron at an industrial-scale in Raahe and of building a hydrogen production plant. The study is scheduled to complete in Q1 2024.
The initiative is a natural continuation to an ongoing joint research project FFS Towards Fossil-free Steel and is supported by Business Finland.
In January 2022, SSAB’s Board of Directors made a policy decision to transform Nordic strip production and to make it largely carbon dioxide-free in around 2030. During 2022, SSAB made and delivered 500 tonnes of fossil-free steel.
March 2023 saw another important step when SSAB introduced SSAB Zero, a carbon dioxide-free steel based on recycled scrap and made using fossil-free energy. When SSAB converts the Oxelösund mill, it will be able to use a flexible mix of fossil-free sponge iron and scrap as the raw material to produce steel without carbon dioxide emissions, starting in Q4 2026.
