Construction Start for Fossil-Free Steel Plant in Northern Sweden: “Historic for Swedish Industry” SSAB has started construction of the company's new steel plant in Luleå, Northern Sweden. The steel plant is to produce fossil-free steel and will contribute to lowering Sweden's total CO2 emissions with a whopping 7 percent.
Challenging Situation for the Swedish Forest Industry The combination of high costs and low demand is hitting Swedish sawmills, pulp, and paper producers hard. Increased trade barriers are also creating uncertainty for the industry.
Sweden Gives Green Light to Several Railway Projects in the North The Swedish government is giving the green light to start constructing an important railway line in Northern Sweden. In addition, several projects to improve the capacity of the Iron Ore Line are underway. At the same time, the Norwegian Labor Party is proposing the construction of the Northern Norway line.
Trump Imposes 25 Percent Tariffs on Steel and Aluminum US President Donald Trump is imposing 25 percent tariffs on all steel and aluminum imports. The European Commission said it would react to protect European businesses from unjustified measures.
Steel Producer Receives Billion Grant for Green Transformation in Northern Sweden The Swedish steel producer SSAB has been granted SEK 1.45 billion for the green transformation of its Luleå operations. The steel plant in the Northern Swedish city currently accounts for Sweden's largest carbon emission.
SSAB With New Billion Euro Investment in Fossil-Free Steel in Northern Sweden Global steel company SSAB’s Board of Directors has decided to build a new fossil-free steel mill in Luleå, Northern Sweden. The investment is estimated to be a whopping EUR 4.5 billion.
Infrastructure for Northern Sweden's Green Shift: Planning Boden-Luleå Double Track The Swedish Transport Administration has secured funds to develop railway plans for a double track between Boden and Luleå in Northern Sweden. The funding for the construction itself has not yet been secured. Still, the Transport Administration is now speeding up the work, which will be important to the major industrial projects planned in the region.
US Secretary of State Blinken to Northern Sweden for EU Meeting Commissioners and ministers from the EU and the US will meet in Luleå, Northern Sweden, at the end of May to discuss trade and technology. US Secretary of State Antony Blinken will also visit the Northern Swedish city.