Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

LKAB, SSAB, and Vattenfall have test produced 100mt of the world’s first hydrogen reduced sponge iron at its Lulea plant in Sweden, under the HYBRIT initiative.


The use of fossil-free hydrogen gas will help reduce 90pc of the total emissions in steelmaking, the company said in a statement. The companies aim to achieve an industrial-scale production of fossil-free steel by 2026 at their Gallivare plant in Sweden. 


With the development of such steel, LKAB anticipates higher exports and hopes to strengthen its competitiveness, the company said in a statement on Monday. 


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