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.
“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.
“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.