CURRENT AFFAIRS

Detailed explanation-1: -The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxelösund to its first customer, Volvo Group. The product was manufactured in northern Sweden, using the Hybrit technology, which was developed by SSAB in partnership with iron-ore miner LKAB and utility Vattenfall.

Detailed explanation-2: -Sweden has delivered the world’s first shipment of steel produced without the use of fossil fuels, a major milestone on the road towards cutting carbon emissions from industry.

Detailed explanation-3: -The HYBRIT pilot plant is located in Luleå, Sweden, close to the Arctic Circle. The statement also said that “the goal is to deliver fossil-free steel to the market and demonstrate the technology on an industrial scale as early as 2026."

Detailed explanation-4: -Q. Which country has become the first country in the world to manufacture fossil-free steel? Notes: Sweden has become the first country in the world to manufacture fossil-free steel which is also known as green steel.

Detailed explanation-5: -HYBRIT – short for Hydrogen Breakthrough Ironmaking Technology – is a joint venture between SSAB, LKAB and Vattenfall, aiming to replace coal with hydrogen in the steelmaking process. A successful HYBRIT means reducing Sweden’s CO2 emissions by 10% and Finland’s by 7%.