SSAB and SMS group announced collaboration

This step stands out as one of the most important investments in SSAB's transition to fossil-free steel production. The mini-factory project in Luleå, approved by SSAB's Board of Directors in April 2024, aims to deliver a more competitive production structure with lower fixed costs, higher efficiency and eliminated CO₂ costs. Once completed, the plant is expected to eliminate around 2.8 million tons of carbon dioxide emissions annually, reducing Sweden's total emissions by 10%.

The plant offers an environmentally friendly production approach with DREVER furnaces heated entirely by electricity, while induction and electric radiant tubes ensure a minimal carbon footprint.

Carl Orrling, Vice President and CTO of SSAB, stated: “We are pleased to partner again with the SMS group for our new cold rolling complex in Luleå.” Olaf Stalfort, CSO of SMS Group Europe, added: “This project demonstrates our strong partnership with SSAB on sustainable steel production and technological innovation.”