SSAB, LKAB and Vattenfall form joint venture company for fossil-free steel
SSAB, LKAB and Vattenfall announced today that they have formed a joint venture company to continue to drive the HYBRIT initiative. The three companies will each own one third of the company, which will seek to develop a steelmaking process that emits water instead of carbon dioxide. “HYBRIT is a very important initiative for SSAB …