Under the agreement announced June 25, Wibe Group has committed to using the fossil-free steel in its cable management systems, such as cable ladders and cable trays.
Starting from 2026, Wibe Group will begin receiving small batches of steel produced without carbon emissions and aims to scale up annually as SSAB’s fossil-free production capacity grows.
Wibe Group would be able to reduce its carbon footprint by 90% by using the fossil-free material, it said.
SSAB collaborates with iron ore producer LKAB and energy company Vattenfall as part of the HYBRIT initiative to develop a value chain for fossil-free iron and steel production, which virtually eliminates CO2 emissions in steelmaking by replacing coking coal with fossil-free power and hydrogen.
SSAB began delivering shipments of fossil-free steel in 2021 and launched its second emissions-free product SSAB Zero using recycled scrap in 2023.
The steelmaker aims to scale up production of its carbon emission-free offering in 2026.
When commenting on the agreement, Wibe Group CEO Patrick Arcidiacono said it was “an important and major step” in the company’s sustainability journey.
“This initiative from SSAB does not only align with our vision but also with our owner Storskogen’s goal to reach net zero by 2045,” Arcidiacono said.
SSAB VP of Sustainable Business Thomas Hornfeldt said the steelmaker was “happy to welcome Wibe Group as a fossil-free partner.” He added that SSAB wanted to “cut emissions and create a fossil-free value chain with customers and partners.”
Platts, part of S&P Global Commodity Insights, assessed the daily European HRC carbon-accounted steel premium at $134.10/mt June 24, up from $109.58/mt at the start of 2024.
