SSAB and Smith Stål from Norway have signed a letter of intent involving future deliveries of fossil-free steel. Together they are building a strong value chain for their Norwegian customers.
Smith Stål is a leading stockist and nationwide distributor in Norway of value-added steels and metals including its own Steel Service Center. The company provides a complete stock of plates, beams, hollow sections, pipes and bars.
“It is a great pleasure for our company that we in the future can deliver SSAB’s fossil-free steel to our customers in Norway. Being top 3 among Norwegian steel distributors, we feel a great demand on us when delivering to industry, building and offshore segment,” says Eirik Berg, Director at Smith Stål.
Traditional steel production represents a significant source of global CO2 emissions. By changing the way steel is produced, SSAB wants to cut emissions and create a fossil-free value chain with customers and partners.
SSAB has created two unique steels with virtually zero fossil carbon emissions: SSAB Zero™ and SSAB Fossil-free™ steel. SSAB ZeroTM is made from recycled steel and produced with fossil-free electricity and biogas and is available for commercial deliveries since 2023. SSAB Fossil-free™ steel is made from iron ore with the unique HYBRIT® technology, developed by SSAB with mining company LKAB and energy company Vattenfall. Instead of using coal to remove the oxygen from the iron ore to make iron, the HYBRIT® technology uses hydrogen produced with fossil-free electricity, thus emitting water instead of CO2. SSAB Fossil-free™ steel is currently available for pilot deliveries to selected partners.
“I am happy to welcome Smith Stål as a fossil-free steel partner, adding another distribution partner to our very important Norwegian market,” says Matts Nilsson, Head of Sales Sweden and Norway. “Together we are building a strong value chain for our Norwegian customers.”