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...Swedish steelmaker SSAB is among the European winners of a series of US government investments in an $6bn effort to decarbonise manufacturing, across high polluting sectors such as steel, cement, chemicals...
...SSAB: The Swedish steelmaker lost more than 15 per cent in early trade after saying its operating profit halved amid weaker European demand and declining steel prices....
...SSAB promises that all its steel will be produced without any fossil fuels “around 2030”....
...This transformation that we do here at SSAB, when transforming both Lulea site and... we are actually reducing the Swedish carbon dioxide footprint with 10 per cent....
...Hej from Swedish Lapland, where I’m visiting a steel plant with a difference....
...ABB has been involved in a pioneering plant to produce “green” steel fired with hydrogen produced by hydropower, working alongside Swedish steelmaker SSAB and power supplier Vaffenfall....
...One is the joint effort of SSAB, the Swedish steel producer, energy company Vattenfall and iron ore producer LKAB to replace coking coal, traditionally used in steelmaking, with fossil-free electricity and...
...As part of a consortium that also includes Swedish metals manufacturer SSAB and iron-ore miner LKAB, it has deployed hydropower from the country’s reservoir system to create hydrogen through electrolysis...
...Funding Europe’s battery ambitions Swedish start-up Northvolt wants to become Europe’s biggest battery manufacturer....
...It was the result of an industrial partnership between Swedish steelmaker SSAB, the state-owned electricity generator Vattenfall, and iron-ore miner LKAB....
...Q3, Mitsubishi Motors FY, Nintendo FY, Nippon Steel FY, Pirelli Q1, Sony FY, Sumitomo Corporation FY Wednesday China, April CPI and producer price index (PPI) data Germany, April CPI data TP ICAP Q1...
...H2GS is one of two high-profile green steel projects in Sweden as it faces competition from Hybrit, a collaboration between steelmaker SSAB, iron ore miner LKAB and utility Vattenfall, which has estimated...
...Tata Steel is in talks with a Swedish rival over the potential sale of its Dutch business, a move likely to cast uncertainty over the future of Britain’s largest steelworks in Port Talbot....
...Sceptics say it will be meaningless unless China, which makes half the world’s steel, plays a major role. “Everybody wants to run this quicker — us too,” says SSAB’s Mr Pei....
...It has been made since a long time back from iron ore, using coal,” says Martin Pei, chief technical officer at SSAB, a Swedish company at the forefront of these efforts....
...In the Swedish coastal town of Lulea, three of the country’s biggest companies — miner LKAB, steel producer SSAB and power utility Vattenfall — are working on a plan to reverse that and produce a “fossil-free...
...Goran Persson, the former Swedish prime minister who is LKAB chairman, described it as “a risk, yes” but also an opportunity to secure the future of mining in the Swedish Arctic....
...This year, the German industrial group sold its elevators division for €17bn to private equity investors and preliminary talks have been held on a tie-up with Swedish steelmaker SSAB and Indian group Tata...
...The relationship ruptured within a few months, after a Swedish engineer at Ocado flew to Nedre Vats....
...Pelli’s svelte, postmodern tower, with its steel skin designed to reflect changing London skies, initially proved hard to fill....
...Despite early signs of recovery, Uchida remains far from optimistic as the chip shortage continues to wreak havoc with production, and price hikes for raw materials — everything from steel, aluminium to...
...in talks to sell Dutch arm to Sweden’s SSAB (FT) EG Group’s owners cash out ahead of £6.8bn Asda deal (FT)...
...A few hours later, I reach Pueblo, a city in southern Colorado’s high desert, where steel manufacturing and coal generation were once economic mainstays....
...However Swedish steelmaker SSAB, which has a similar project, believes fossil-free steel will be competitive in future....
...SSAB The Swedish steelmaker has ambitious plans to decarbonise its production process by using hydrogen — an expensive and commercially uncertain proposition....
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