SSAB ranked second best in the CDP steel industry report
CDP (formerly the Carbon Disclosure Project) recently published steel report concludes that steel companies need technological transformation in order to meet Paris Agreement objectives on emission reductions. CDP ranked SSAB as second best in the report. SSAB’s emissions intensity is low, driven by significant electric arc furnace operations in the US, and some of the world’s most carbon-efficient blast furnaces in Europe. SSAB’s emissions reduction target is one of the most ambitious of the companies assessed. In addition, earlier this year, SSAB, LKAB and Vattenfall jointly announced a long-term breakthrough emissions reduction project (HYBRIT), which is working toward a hydrogen-based steelmaking process.