Thursday, March 6, 2025
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    SSAB and Toyota partner to introduce fossil-free steel in material handling equipment

    SSAB and Toyota Material Handling Europe have entered a fossil-free partnership, with Toyota becoming the first material handling equipment manufacturer to use SSAB Zero...

    SSAB’s HYBRIT project validates large-scale hydrogen storage for steel industry

    SSAB has successfully completed HYBRIT's pilot project for fossil-free hydrogen gas storage, confirming its feasibility for large-scale iron and steel production. The project, submitted...

    SSAB and Fassi join forces for sustainable crane manufacturing

    SSAB and Italian crane manufacturer Fassi have signed an agreement for future deliveries of low-emission steel. The deal covers both fossil-free steel made from...

    SSAB’s Q4 operating profit falls sharply due to weak demand and lower prices

    Sweden's SSAB saw its operating profit fall sharply to SEK 487 mln (USD 44 mln) in the December quarter, down from SEK 2.40 bln...

    Ovako invests over USD 6 mln to modernize Hallefors facility

    Ovako is investing over EUR 6 mln (USD 6.24 mln) to modernize its main bright bar facility in Hallefors, strengthening its position in the...

    SSAB to divest expandable rock bolts unit in Virsbo to Jennmar

    SSAB has agreed to divest its expandable rock bolts unit in Virsbo, Sweden, to U.S.-based Jennmar. The acquisition affects 66 employees, all of whom...

    SSAB receives regulatory approval for green mini-mill project in Lulea

    SSAB has secured approval from the Land and Environmental Court in Umea to build and operate a mini-mill in Lulea, Sweden, which will replace...

    SKF advances decarbonization with Swiss Steel partnership

    SKF is accelerating its journey to meet its 2030 decarbonization targets and achieve net-zero emissions across its supply chain by 2050. In a new...

    SSAB and Stena Metall forge strategic partnership for sustainable steel production

    SSAB and Stena Metall have signed a strategic cooperation agreement to ensure the delivery of recycled scrap metal from Stena Nordic Recycling Center in...

    SSAB awarded EU funding to support transition to sustainable steel production

    SSAB has been granted SEK 1.45 bln (USD 132 mln) from the EU's Just Transition Fund to support the transition to fossil-free steel production...

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