European Commission Approves Swedish State Aid of EUR 128 Million for SSAB
The project will support the accelerated transition to an electric steel mill having a capacity of 2.5 million tonnes of green slabs per year through the installation of an electric arc furnace, which will produce direct reduced iron using steel scrap and renewable hydrogen. Oct 22, 2024 The European Commission has approved an aid of […]
SMS Group to Build New Electric Arc Furnace for SSAB for Fossil-Free Steel Production
SMS group has secured a contract to engineer, deliver, and construct a new electric arc furnace (EAF) for SSAB. SSAB plans to use it to decarbonize its steelmaking production process. The new 190-ton EAF will be one of the largest installations in the world. Nov 29, 2023 SMS group has secured the contract from Nordic […]
