SSAB to Supply Volvo Car With Zero-Emission Steel

Dow Jones

Jun 12, 2025

By Dominic Chopping

STOCKHOLM--Swedish steelmaker SSAB will supply Volvo Car with steel produced with almost zero fossil-carbon emissions.

Delivery of the steel, known as SSAB Zero, will begin this year and be used in key components for the automaker's upcoming fully electric EX60 SUV as well as other cars based on its next-generation car design.

SSAB Zero is steel made of recycled scrap metal and produced with fossil-free electricity and biogas.

"One of the biggest sources of [carbon-dioxide] emissions in our production process is the steel we use to build our cars, averaging 25% of all material-related emissions for a new Volvo car," said Volvo Car's chief manufacturing and supply chain officer, Francesca Gamboni.

"We are working towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle."

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 12, 2025 03:16 ET (07:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2542567014"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2542567014\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2542567014?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-12 15:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2542567014","market":"sg","top_or_hot":-1,"title":"SSAB to Supply Volvo Car With Zero-Emission Steel","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  STOCKHOLM--Swedish steelmaker SSAB will supply Volvo Car with steel produced with almost zero fossil-carbon emissions. \n</p>\n<p>\n  Delivery of the steel, known as SSAB Zero, will begin this year and be used in key components for the automaker's upcoming fully electric EX60 SUV as well as other cars based on its next-generation car design. \n</p>\n<p>\n  SSAB Zero is steel made of recycled scrap metal and produced with fossil-free electricity and biogas. \n</p>\n<p>\n  \"One of the biggest sources of [carbon-dioxide] emissions in our production process is the steel we use to build our cars, averaging 25% of all material-related emissions for a new Volvo car,\" said Volvo Car's chief manufacturing and supply chain officer, Francesca Gamboni. \n</p>\n<p>\n  \"We are working towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle.\" \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 12, 2025 03:16 ET (07:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SSAB to Supply Volvo Car With Zero-Emission Steel</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSSAB to Supply Volvo Car With Zero-Emission Steel\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-12 15:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  STOCKHOLM--Swedish steelmaker SSAB will supply Volvo Car with steel produced with almost zero fossil-carbon emissions. \n</p>\n<p>\n  Delivery of the steel, known as SSAB Zero, will begin this year and be used in key components for the automaker's upcoming fully electric EX60 SUV as well as other cars based on its next-generation car design. \n</p>\n<p>\n  SSAB Zero is steel made of recycled scrap metal and produced with fossil-free electricity and biogas. \n</p>\n<p>\n  \"One of the biggest sources of [carbon-dioxide] emissions in our production process is the steel we use to build our cars, averaging 25% of all material-related emissions for a new Volvo car,\" said Volvo Car's chief manufacturing and supply chain officer, Francesca Gamboni. \n</p>\n<p>\n  \"We are working towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle.\" \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 12, 2025 03:16 ET (07:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4006","symbol_name":"钢铁","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2542567014","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542567014","pubTimestamp":1749712560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"STOCKHOLM--Swedish steelmaker SSAB will supply Volvo Car with steel produced with almost zero fossil-carbon emissions.Delivery of the steel, known as SSAB Zero, will begin this year and be used in key components for the automaker's upcoming fully electric EX60 SUV as well as other cars based on its next-generation car design.SSAB Zero is steel made of recycled scrap metal and produced with fossil-free electricity and biogas.\"One of the biggest sources of [carbon-dioxide] emissions in our production process is the steel we use to build our cars, averaging 25% of all material-related emissions for a new Volvo car,\" said Volvo Car's chief manufacturing and supply chain officer, Francesca Gamboni.\"We are working towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle.\"","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4006":"钢铁","SSAAY":"SSab Swedish Steel AB"},"translate_title":"SSAB将为沃尔沃汽车提供零排放钢材","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSAAY":0.9},"content_text":"By Dominic Chopping \n\n\n \n\n\n  STOCKHOLM--Swedish steelmaker SSAB will supply Volvo Car with steel produced with almost zero fossil-carbon emissions. \n\n\n  Delivery of the steel, known as SSAB Zero, will begin this year and be used in key components for the automaker's upcoming fully electric EX60 SUV as well as other cars based on its next-generation car design. \n\n\n  SSAB Zero is steel made of recycled scrap metal and produced with fossil-free electricity and biogas. \n\n\n  \"One of the biggest sources of [carbon-dioxide] emissions in our production process is the steel we use to build our cars, averaging 25% of all material-related emissions for a new Volvo car,\" said Volvo Car's chief manufacturing and supply chain officer, Francesca Gamboni. \n\n\n  \"We are working towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle.\" \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 12, 2025 03:16 ET (07:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}