Steel Mills

Volvo Delivers Electric Trucks Made with SSAB's Fossil-Free Steel
Written by Becca Moczygemba
November 14, 2022
Volvo has become the world’s first truck manufacturer to deliver electric trucks made with fossil-free steel. The Swedish auto manufacturer announced on Nov. 10 that the trucks are now being delivered to customers.
According to a press release, Volvo began manufacturing the heavy-duty electric trucks in September.
“Our journey to net zero emissions includes both making our vehicles fossil free in operation and over time fully replacing the material in our trucks with fossil free and recycled alternatives,” said Jessica Sandström, senior vice president of product management of Volvo Trucks.
The fossil-free steel was provided by Swedish steelmaker SSAB, just over a year after announcing its production of fossil-free steel. SSAB produces this steel with a new technology that uses fossil-free electricity and hydrogen, paving the way to a lower climate impact and zero emissions.
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills

Nucor names Batterbee, Bledsoe to HR roles
Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.

Millett sees tariffs, CORE case benefiting SDI
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.

USW digs in on opposition to USS-Nippon deal
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.

SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.

POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.