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Home » News » European Commission Approves EUR 128 Million Aid for SSAB’s Decarbonisation Project
News

European Commission Approves EUR 128 Million Aid for SSAB’s Decarbonisation Project

By Eddie GriffithOctober 22, 20241 Min Read
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Credit: SSAB
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The European Commission has approved state aid of EUR 128 million (USD 138.8 million) to support Swedish steelmaker SSAB in its efforts to decarbonise production at its Luleå site. SSAB plans to transition from its current coal-based steel production process to a nearly zero-emission system by establishing an electric steel mill capable of producing 2.5

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