SSAB is replacing the blast furnaces at its Oxelosund, Sweden, facility with an electric arc furnace and upgraded raw material handling. The new production system is expected to be operational by late 2026, marking the…
SSAB and Toyota Material Handling Europe have entered a fossil-free partnership, with Toyota becoming the first material handling equipment manufacturer to use SSAB Zero steel. Under the agreement, Toyota Material…
SSAB has successfully completed HYBRIT's pilot project for fossil-free hydrogen gas storage, confirming its feasibility for large-scale iron and steel production. The project, submitted to the Swedish Energy Agency…
SSAB and Italian crane manufacturer Fassi have signed an agreement for future deliveries of low-emission steel. The deal covers both fossil-free steel made from iron ore and SSAB Zero, produced from recycled scrap, for…
Sweden's SSAB saw its operating profit fall sharply to SEK 487 mln (USD 44 mln) in the December quarter, down from SEK 2.40 bln a year earlier, driven by weak demand and lower prices. Markets in Europe and North America…
Ovako is investing over EUR 6 mln (USD 6.24 mln) to modernize its main bright bar facility in Hallefors, strengthening its position in the steel industry. The modernization scheduled for completion between 2024 and 2026…
SSAB has agreed to divest its expandable rock bolts unit in Virsbo, Sweden, to U.S.-based Jennmar. The acquisition affects 66 employees, all of whom havse been offered continued employment with Jennmar. Since rock bolt…
SSAB has secured approval from the Land and Environmental Court in Umea to build and operate a mini-mill in Lulea, Sweden, which will replace its current steel plant. This move will facilitate a technology shift with…
SKF is accelerating its journey to meet its 2030 decarbonization targets and achieve net-zero emissions across its supply chain by 2050. In a new collaboration, SKF is sourcing "GreenSteel Climate+" from Swiss Steel…
SSAB and Stena Metall have signed a strategic cooperation agreement to ensure the delivery of recycled scrap metal from Stena Nordic Recycling Center in Halmstad, Sweden, to SSAB's new electric arc furnace in Oxelosund…
SSAB has been granted SEK 1.45 bln (USD 132 mln) from the EU's Just Transition Fund to support the transition to fossil-free steel production at its Lulea operations in Norrbotten, Sweden. The funding will help…
SSAB and Snop have entered a long-term partnership to deliver fossil-free steel, helping Snop reduce its CO2 footprint and achieve its target of a 30pct emissions reduction by 2030. Groupe Financiere SNOP Dunois (FSD)…
Axpo Nordic, a leading international energy company, and Stegra have signed a power purchase agreement to supply electricity to Stegra's integrated green hydrogen, green iron, and green steel production plant in Boden…
Swedish steel producer, SSAB has chosen SMS group to construct a 190-ton electric arc furnace (EAF) in Oxelosund, which is set to be one of the largest installations in the world with an upper shell diameter of 9.3…
SSAB has signed an agreement with Amazon Web Services (AWS) to provide fossil-free steel for AWS's new data centers in Sweden. The collaboration includes pilot deliveries of HYBRIT technology-based steel, a…
Ovako has reached a key milestone in its sustainable steel-making journey. In the summer of 2024, the furnace at its Boxholm facility in Sweden was rebuilt to switch from oil to a more environmentally friendly oxyfuel…
SSAB, a global leader in high-strength steel, has expanded its Strenx Certified Fabricator program to the United Kingdom by appointing MTL Advanced Ltd. in Rotherham as its newest member. This exclusive initiative…
Swedish steel producer, SSAB's subsidiary Tibnor will supply SSAB Zero steel made from recycled materials to Salthammer Batbyggeri AS in Norway. This marks the first delivery of SSAB Zero to the shipbuilding industry…
SSAB and Parmaco have partnered to create a fossil-free steel building, aiming to construct the world's first such structure in 2025. Parmaco plans to use pilot deliveries of fossil-free steel developed with HYBRIT…
Aquatech has announced a groundbreaking project to deliver a comprehensive water management solution for Stegra's (formerly H2 Green Steel) flagship green steel plant in Boden, Sweden. The Private to Private Partnership…