[SMM Steel] SSAB, Greenbrier, and Alter form closed-loop steel recycling partnership

Published: Jun 24, 2026 16:22

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[SMM Steel] SSAB Americas, The Greenbrier Companies, and Alter Trading launched a circular economy initiative to manufacture near-zero emissions steel from recycled materials. The process starts at SSAB's Iowa plant, which uses scrap and fossil-free energy to produce its low-carbon SSAB Zero™ without carbon offsets. Under the agreement, Greenbrier is building 50 gondola railcars using this specialized steel for delivery to Alter. After deployment, these gondolas will transport recycled metals directly back to SSAB, closing the raw material loop. SSAB Americas President Tom Cox said the venture demonstrates the performance of near-zero emissions steel in sophisticated industrial applications, noting that circular economies function best with scaled material and valuable end-use applications within existing supply chains.

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