Increased customer demand, new regulatory requirements, and growth in sustainable investment are all reasons for the growing interest in “green steel”. But since no official definition of “green steel” really exists, how do we know when we’ve been greenwashed?
The good news is that both from steel companies themselves and steel customers have a generally positive attitude towards a change in the steel industry. There are many good initiatives, but the challenge is that there isn’t really a clear definition of sustainably produced steel.
Today, the term “green steel” is commonly used to describe more sustainably produced steel. But what really is green steel?
Green steel refers to the strategy aimed at making the steelmaking process greener and more sustainable. But the trend towards increased sustainability within the steelmaking process is not without its difficulties. Many companies have begun to promote their steel as “green” when, in practice, giving this production process green accreditation presents as many problems as it does opportunities. The term “green steel” is often used to describe a product that does not meet any pre-defined criteria.
Today, companies can claim their steel is green even if the contribution to CO2 reduction is negligible, or offers no benefits whatsoever. The promise of green steel can remain if, for example, a mere 10 percent of the total process output is green while the remaining 90 percent of production output is as dirty as ever. Uncomfortable facts can be omitted at a time when there’s an urgent need to combat climate change.
“Everyone buying and using products containing steel has the right to see the facts behind climate change promises. Green statements are not enough,” says Johan Anderson, Market Development at SSAB. The responsibility of the steel industry is not just to remove the carbon footprint, but also to show exactly how it’s done.”
On a positive note, customers and end-users have started to request numbers and facts to a much higher extent, putting higher pressure on steelmakers.
“Customer demand for zero-emission products is real. It encourages and pushes us as steelmakers to go all the way, virtually eliminating the product’s carbon footprint,” says Johan Anderson, Market Development at SSAB.
Traditional steelmaking is the most significant industrial contributor to carbon dioxide emissions, currently accounting for 7 percent of total CO2 emissions globally. Fortunately, there are ways to dramatically reduce or even eliminate steelmaking emissions and reach the Paris Agreement’s goal, while also helping to meet the growing demand for steel.
One successful effort is steel recycling, which has reached an impressive 90 percent in many parts of the world. However, the amount of scrap steel currently available is only enough to meet a quarter of the global demand. The second effort gaining more traction in the trend towards sustainability is the transition to more sustainable steelmaking.
The responsibility of the steel industry is not just to remove the carbon footprint, but also to show exactly how it’s done.
Johan Anderson, Market development, SSAB
When sourcing a steel supplier, the importance of not accepting a green steel label at face value, investigating what is behind that label and requesting scientific proof to support it, cannot be understated.
Since an official definition of green steel doesn’t exist, it’s only the technology and process development that are able to provide proof that a certain steel is sustainable.
SSAB’s fossil-free steel making technology HYBRIT® has virtually no CO2 footprint, which makes it a real environmental game changer.
The revolutionizing technique is all about water. The water is split into hydrogen and oxygen. The hydrogen is used to remove the oxygen in the iron ore, which creates water. The water is returned to the process as a raw material to produce hydrogen. This creates a natural, closed cycle. No polluted water is being discharged, no carbon dioxide is emitted and the coal stays in the ground where it belongs.
With HYBRIT® technology, SSAB has aims to be the first steel company in the world to bring fossil-free steel to the market and largely eliminate carbon dioxide emissions from our own operations in around 2030. Together with our partners and customers, SSAB aims to create a fossil-free value chain, from mine to end-product.
Get answers to your questions and read the most frequently asked questions here.
Since 2021, SSAB has been supplying small quantities of fossil-free steel for prototypes and small batch production runs. It has been a huge success. Now SSAB is taking another big step towards reducing the steel industry’s carbon footprint. The new SSAB Zero™ steel is not only produced without fossil emissions in our own plants, it is also made from recycled steel. A sustainable offering, which is seeing strong demand from the market.
What are the technical challenges involved in fossil-free steel? Will there be fossil-free steel for all products? There was tremendous interest and a host of questions when we organized a webinar about fossil-free steel this spring. On September 30, we will therefore be hosting a new webinar, in which we will answer the most frequently asked questions and give you an in-depth look at our journey towards fossil-free steel. Don’t miss it!
SSAB is taking the lead in reducing the carbon footprint of the steel industry and is aiming to launch the world's first fossil-free steel by around 2026. But how does fossil-free steel production actually work? And what's the difference between green steel and fossil-free steel? Welcome to a fact-packed webinar to help you learn more about SSAB's fossil-free steel production.
Learn how SSAB's environmental product declarations, EPDs for short, work and how you can use them to see the environmental impact your product has throughout an entire life cycle. Plus, expand your knowledge on how the new steel processing technology HYBRIT produces fossil-free steel. Welcome to a fact-packed webinar with SSAB on the topic of sustainability.