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Photo – LKAB has received a permit to build a sponge iron plant
LKAB has received a permit to build a sponge iron plant

The company calls the decision the foundation for its long-term plans

Photo – SSAB calls for improvements to the permitting process in Sweden
SSAB calls for improvements to the permitting process in Sweden

The biggest obstacle for the industry is the unpredictability of regulations

Photo – SSAB is investing $350 million in a new hardening line in Ukselesund
SSAB is investing $350 million in a new hardening line in Ukselesund

The project will increase production capacity for the premium steels Hardox 500Tuf and Armox

Photo – Stegra has secured access to €1.5 billion in loans to complete the construction of the plant
Stegra has secured access to €1.5 billion in loans to complete the construction of the plant

Previously, access to part of the funds had been blocked due to failure to meet certain conditions and complete specific project milestones

Photo – The Swedish steel market in 2026: an overview and outlook
The Swedish steel market in 2026: an overview and outlook

In 2026, steel consumption is expected to increase by approximately 3%, to 3.4 million tons

Photo – Marcegaglia Stainless is investing in production capacity in Northern Europe
Marcegaglia Stainless is investing in production capacity in Northern Europe

The company is investing in its operations in Sweden and the United Kingdom

Photo – SSAB increased steel production by 3.3% y/y in Q1
SSAB increased steel production by 3.3% y/y in Q1

The company's shipments reached 1.74 million tons, and deliveries of premium products rose to a record high

Photo – Stegra has secured €1.4 billion in financing to complete construction of its plant
Stegra has secured €1.4 billion in financing to complete construction of its plant

The project schedule is being revised following several months of delays in construction work

Photo – LKAB will temporarily shut down one of its pellet plants in Kiruna
LKAB will temporarily shut down one of its pellet plants in Kiruna

The suspension of operations from mid-April through November will reduce pellet shipments in 2026 by approximately 2 million tons

Photo – Turkey’s Koç Group has become one of Stegra’s new shareholders
Turkey’s Koç Group has become one of Stegra’s new shareholders

Swedish startup issues new shares to raise capital

Photo – SSAB’s investment in Luleå recognized as a strategic zero-emission project
SSAB’s investment in Luleå recognized as a strategic zero-emission project

This status will give high priority to obtaining the remaining permits

Photo – Tibnor to acquire Finnish steel distributor Ovako Metals Oy
Tibnor to acquire Finnish steel distributor Ovako Metals Oy

The agreement with Ovako is expected to strengthen Tibnor's position in Finland and expand its service and product range

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