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SSAB

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A fossil-free steel mill in Luleå?

The steel company SSAB has decided to invest €4.5 billion and build a fossil-free steel mill in Luleå, Sweden. With the production of steel being responsible for 7% of the world's greenhouse gas emissions, this is great news for the planet!
This new steel mill will have an annual capacity of 2.5 million tonnes and will use a mixture of fossil-free sponge iron from Hybrit's plant and recycled steel scrap.
"The conversion in Luleå is a milestone on our journey to fossil-free steel production. We will remove 7 percent of Sweden's carbon dioxide emissions, strengthen our competitiveness, and secure jobs with the most cost-effective and sustainable sheet metal production in Europe," says Martin Lindqvist, the CEO of SSAB.
They plan to start at the end of 2028 with full capacity one year later.

Picture from SSAB Press Release, 2024
Picture from SSAB Press Release, 2024


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  • George Kariuki

    1 w

    This is HUGE for the steel industry and the fight against climate change. It is a big step towards a cleaner future for the steel industry let's hope it inspires others to follow suit.

    • Elizabeth Gathigia

      1 w

      Commendable efforts from SSAB👏these are the kind of investment that world needs for is restoration

      2
      • Munene Mugambi

        1 w

        SSAB's investment in a fossil-free steel mill in Luleå, Sweden, marks a crucial move in curbing global greenhouse gas emissions. With the goal of eliminating a percentage of emissions and a dedication to sustainability and economic viability. Hopefully, we see the results soon enough

        2
        • dickson mutai

          1 w

          Their emphasis on removing carbon dioxide emissions, enhancing competitiveness, and securing jobs shows the importance of this endeavor

          3
          • Munene Mugambi

            1 w

            @dickson_mutai Their focus on reducing CO2 emissions, improving competitiveness, and preserving jobs indicates the significance of this initiative. We need to back this well to completion

            1
          • Patrick Kiash

            1 w

            One of the companies I admire, they have a great focus and all the best toward their project.

            2
            • Marine Stephan

              1 w

              @patrick_kiash it is a tremendous challenge to reduce the carbon footprint of the steel industry, and I am glad to see that some companies are doing it. It is even better when it is a large company doing it

              4
              • Patrick Kiash

                1 w

                @marine_stephan I totally agree with you,may they continue to lead and the rest follow.

                1
              • walter lungayi

                1 w

                This investment is a significant step towards reducing global greenhouse gas emissions. It sets a positive example for other steel companies to follow, showing that sustainable steel production is not only possible but also economically viable.

                5
                • Rashid Kamau

                  1 w

                  @walter_lungayi Great strides that other steel companies must emulate to fight climate change.

                  2
                  • Munene Mugambi

                    1 w

                    @walter_lungayi Indeed, this investment marks a commendable effort in combatting climate change. It shows the feasibility of sustainable steel production, inspiring other companies to follow suit in prioritizing environmental responsibility alongside economic viability.

                    2
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