Swedish green steel venture HYBRIT, which had made the ‘world’s first’ customer delivery of steel produced without using coal. The steel was made using Hydrogen Breakthrough Ironmaking Technology, which uses 100% fossil-free hydrogen instead of coal and coke. The venture has started delivering the fossil-free steel to the Volvo Group as part of its trial run.
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Development for the Hybrit project, which was set up in 2016 and is owned by SSAB, energy firm Vattenfall and LKAB, a mining and minerals group. Both Vattenfall and LKAB are owned by the Swedish state. The idea underpinning Hybrit is to use “100% fossil-free hydrogen” rather than coal and coke in steel production.
Important takeaways for all competitive exams:
- Stockholm is the capital of Sweden;
- The krona is the official currency of Sweden;
- The current PM of Sweden is Stefan Lofven.