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SSAB has laid the foundation for its new steel plant in Luleå

SSAB held the groundbreaking ceremony for its new steel plant to be built in Luleå, Sweden. The ceremony was attended by Ebba Busch, Minister for Energy, Business and Industry and Deputy Prime Minister, along with SSAB CEO Johnny Sjöström.

SSAB has laid the foundation for its new steel plant in Luleå

The new facility is expected to reduce Sweden’s total carbon dioxide emissions by 7% while strengthening the company’s long-term competitiveness. SSAB described this investment as a historic milestone in the transition to fossil-free steel production.

The plant, with an annual production capacity of 2.5 million tons, will be equipped with two electric arc furnaces, advanced secondary metallurgy, an integrated hot-rolling mill, and a cold-rolling complex. Replacing the existing blast furnace-based production, the facility is planned to become operational by the end of 2029.

As part of the total 4.5 billion euros investment, the project also includes a cold-rolling mill, advanced galvanizing, and continuous annealing units.

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