Finlay Motor Group | New Ford Cars | New Volvo Cars | Used Cars | Naas

Volvo Group Leads the Way with Near Zero Emission Steel for Sustainable Transportation Solutions

Volvo Group has recently collaborated with steelmaker SSAB to become the first in the world to incorporate near zero emission steel in its production process. Near zero emission steel, as defined by the First Movers Coalition and the International Energy Agency, is made from fully recycled steel, and is referred to as 'scrap-based'. This collaboration with SSAB will complement Volvo Group's existing use of fossil-free steel, and further strengthen its commitment to net-zero transport solutions by incorporating an additional high-quality steel blend into its portfolio. More information regarding this partnership will be announced in the upcoming weeks.
SSAB Zero™: The New Revolutionary Zero-Emission Steel Made from Recycled Steel 
SSAB, the renowned steelmaker, has taken a giant step towards zero-emission steel production with the launch of its latest product: SSAB Zero™. This is a fossil carbon emission-free steel made from recycled steel and produced using fossil-free energy, without carbon emission offsetting and mass balancing allocation of emission reductions. It is the first commercial steel of its kind and will be available in Q2 2023.
 SSAB's mission is to provide a comprehensive offering of zero-emission steel, regardless of the raw material used. Volvo Group, the world's leading truck manufacturer, has already signed a delivery agreement with SSAB Zero™. "We are proud to already today be able to strengthen our portfolio with SSAB Zero™, as we see increasing customer demand for steels with low emissions," said Martin Lindqvist, SSAB’s president and CEO. "By further enhancing steelmaking processes, we will provide a comprehensive offering with zero emissions while reducing the impact on the planet. It is particularly pleasing that we have been able to sign an agreement for SSAB Zero™ with Volvo Group already at launch."
The new steel product is a significant step towards a more sustainable future for the steel industry. SSAB aims to deliver 40,000 tonnes of SSAB Zero™ to the market in 2023, ramping up to around 100,000 tonnes in 2025. SSAB Zero™ has zero fossil carbon emissions in operations, including purchased energy and transportation. Only recycled steel is used as a raw material, which means that SSAB Zero™ supports the circular economy.
SSAB has already made significant strides in reducing carbon emissions by delivering the world's first fossil-free steel plates to Volvo Group in 2021 and 500 tonnes of fossil-free steel to strategic customers in 2022. SSAB's leadership position in the green transition in the steel industry has been further consolidated with this latest product launch.
SSAB Zero™ is set to revolutionize the steel industry, and it is a step towards fully climate-neutral transport solutions. It is an encouraging development in the quest for low-carbon solutions, and its partnership with Volvo Group is accelerating the ramp-up towards this goal.
For further information, please contact Viktoria Karsberg, Head of Corporate Identity and Group Communications, at [email protected], or by phone at +46 72 233 5288.