SSAB and Manitou Group agree on fossil-free steel

Manitou Group announces the signature of a letter of intent with the Nordic steelmaker SSAB for deliveries of fossil-free steel. Deliveries are set to start in 2026 and ramp up as SSAB’s fossil-free steel production capacity increases. This agreement meets the ambitions of the two companies to significantly reduce their direct and indirect carbon emissions.

We’re excited about adding Manitou Group as a fossil-free partner to SSAB. Our goal is to revolutionize the way steel is produced and pave the way for a greener future. Thanks to customers like Manitou Group who share our ambition of reducing carbon emissions, we’re able to create early markets for sustainable steel.

Olavi Huhtala, Executive VP & Head of SSAB Europe