SSAB and Toyota Material Handling Europe have agreed on a fossil-free partnership and deliveries of SSAB Zero™. Toyota is the first material handling equipment manufacturer to use SSAB Zero™.

Under the agreement, Toyota Material Handling Europe secured the delivery of SSAB Zero™ steels, which it will use to produce the forks and frames for hand pallet trucks. The quality and properties of SSAB Zero™ steel are the same as those of SSAB’s conventional steel.

The material in the forks and frame of the high-volume product LHM230 are to be replaced by SSAB Zero™ which has a 77% reduction of CO2 compared to iron ore-based steel, considering the entire value chain. This initiative is an important step to reduce material emissions and contributes towards Toyota Material Handling Europe’s net zero targets by fiscal year 2041.

SSAB AB, earlier Svenskt Stal AB is a Swedish company, formed in 1978, that specialises in producing steel. The largest shareholders are the Swedish state-owned mining company LKAB, and the Government of Finland.

“We are happy to work with Toyota in producing the next generation of material handling equipment with a lower carbon footprint. Toyota Material Handling Europe has been our customer via our subsidiary, Tibnor, for over 20 years, and we are ramping up our collaboration based on our mutual trust and common goal of a fossil-free future,” said Tony Harris, head of SSAB Europe.

SSAB is a global steel company specializing in high-strength steels and related services, aiming for a stronger, lighter, and more sustainable world through innovative steelmaking and sustainable solutions. SSAB develops high-strength steels and provides services for better performance and sustainability.

“We aim to be a leader in the sustainable transformation of our value chain and are building a resilient supply chain together with our suppliers,” said Giorgio Polonio, VP purchasing, supply at Toyota Material Handling Europe.

 

Source: greensteelworld.com/

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