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Name | Symbol | Market | Type |
---|---|---|---|
Ssab Swedish Steel (PK) | USOTC:SSAAY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.142 | 5.26% | 2.84 | 2.60 | 3.00 | 2.84 | 2.73 | 2.73 | 1,004 | 17:59:52 |
By Dominic Chopping
STOCKHOLM--Volvo AB's construction equipment unit said Wednesday that it has delivered its first construction machine built using fossil-free steel to a customer.
The A30G articulated hauler was built at Volvo's Braas facility in Sweden using the existing manufacturing process, with fossil-free steel from Swedish steel company SSAB. It has been delivered to Swedish construction firm NCC AB.
As part of its science-based targets commitment, Volvo Construction Equipment is set to achieve net-zero greenhouse gas emissions by 2040, it said.
Production using fossil-free steel in Volvo Construction Equipment's machines and components will be gradual and depend on aspects such as steel availability, it added.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 01, 2022 05:36 ET (09:36 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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