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    FRANK LEO & ASSOCIATES

    #1 RE/MAX TEAM IN TORONTO & THE GTA**
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    Steel Manufactured Without Fossil Fuels Delivered for the 1st Time

    Swedish-based company HYBRIT said on Wednesday that they delivered the world’s first shipment of steel without the use of coal. The company strives to revolutionize the steel industry which accounts for roughly 8 per cent of greenhouse gases emitted globally. Owned by SSAB, it said this delivery to Volvo AB was a trial run before actually starting full commercial production in 2026.

    Ministry for Business, Industry and Innovation Ibrahim Baylan said on Wednesday that “I’m happy to be minister for enterprise and energy in a country where the industry is bubbling with energy for a green reset.” HYBRIT began testing manufacturing fossil-free steel last year in Lulea, northern Sweden. 

    The company uses electricity and hydrogen instead of coal, traditionally needed for ore-based steel-making. The European Union’s goal to reach net-zero greenhouse gas emissions by 2050 will heavily rely on the use of hydrogen. SSAB currently generates 10 per cent of Sweden’s and 7 per cent of Finland’s carbon dioxide emissions. The company said “The goal is to deliver fossil-free steel to the market and demonstrate the technology on an industrial scale as early as 2026,”

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