icon

SSAB - Latest news GMK Center

Photo – SSAB receives €126 million for transition to carbon-free steel production
SSAB receives €126 million for transition to carbon-free steel production

EU and Swedish funding to help reduce Sweden's CO2 emissions by 7% through modernization of Luleå plant

Photo – EC approves €128 million state aid to Sweden to support SSAB in decarbonization
EC approves €128 million state aid to Sweden to support SSAB in decarbonization

This measure will help speed up the implementation of the project by three years

Photo – Danieli to become technology supplier for SSAB’s green mini-plant
Danieli to become technology supplier for SSAB’s green mini-plant

The companies signed an early service agreement

Photo – SSAB and Firth Steels launch partnership in sustainable steel
SSAB and Firth Steels launch partnership in sustainable steel

Swedish company to supply SSAB Zero steel to Firth Steels

Photo – SSAB reduced steel shipments by 8.8% y/y in Q1
SSAB reduced steel shipments by 8.8% y/y in Q1

Production and supply volumes in January-March were affected by lower demand and strikes in Finland

Photo – Swedish SSAB will build an environmentally friendly mini-plant in Luleå
Swedish SSAB will build an environmentally friendly mini-plant in Luleå

The implementation of the project involves stopping the current production system based on the blast furnace

Photo – SSAB has started construction of an electric arc furnace in Okselesund
SSAB has started construction of an electric arc furnace in Okselesund

Investments in the project will amount to about $600 million

Photo – SSAB and CorPower Ocean will cooperate in the field of renewable energy
SSAB and CorPower Ocean will cooperate in the field of renewable energy

CorPower Ocean will use green steel from SSAB to build the wave power plant

Photo – SSAB is considering possible staff reductions in Finland
SSAB is considering possible staff reductions in Finland

The Finnish unit will begin negotiations with the unions due to low demand

Photo – SSAB increased its steel supply by 2.5% y/y in the first half of 2023
SSAB increased its steel supply by 2.5% y/y in the first half of 2023

The company increased consolidated product shipments by 0.6% y/y in Q2

Photo – SSAB is considering temporary layoffs at its facilities in Finland
SSAB is considering temporary layoffs at its facilities in Finland

Change negotiations will last at least six weeks

Photo – SSAB invests $571.8 million in the green transformation of production
SSAB invests $571.8 million in the green transformation of production

The funds will be invested in a new electric arc furnace and processing of raw materials

1 2 3 4