SSAB and Vattenfall have signed a letter of intent regarding deliveries of fossil-free steel produced with HYBRIT technology. SSAB will, using input material from the HYBRIT pilot plant in Luleå, deliver fossil-free steel to Vattenfall to use in its operations.
SSAB representatives will participate in more than 20 seminars and round tables during the United Nations Climate Change Conference, COP28, in Dubai. Our key message is that we have the technology to get rid of fossil emissions from steelmaking – now we need policymakers to create the enabling framework for a faster roll-out.
Today, in the presence of Swedish Prime Minister Ulf Kristersson, SSAB made a start on construction work for an electric arc furnace in Oxelösund. This is an historic milestone for Swedish industry and for the green transformation to fossil-free steelmaking.
During the period 20 - 24 November 2023, SSAB AB (publ) (LEI 529900329VS14ZIML164) has repurchased in total 2,016,000 own shares, of which 492,000 shares of series A (ISIN: SE0000171100) and 1,524,000 shares of series B (ISIN: SE0000120669), as part of the share buy-back program initiated by the Board of Directors with the purpose to adjust the company’s capital structure so as to create greater value for the company’s shareholders.
SSAB has today submitted its application under the Swedish Environmental Code to the Land and Environmental Court at Umeå District Court. The aim of the application is to obtain the necessary permits to transform the existing operations in Luleå to fossil-free production and so contribute to a more sustainable world.
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