SSAB to spend $4.75 bil to transform Nordic production to green steel
Sweden-based steel producer SSAB plans to invest around SEK 45 billion ($4.75 billion) to transform all its production in the Nordic region to electric arc furnaces powered by fossil-free energy in the next ten years to accelerate its green transition and largely eliminate its CO2 emissions by 2030, it said Jan. 28 in a statement.