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Applications of Solmax’s Geosynthetic Drainage Design Tool: Drainage Geonets & Geocomposites in Solid Waste Containment Facilities

LKAB: Tests for heavier Transports on the Ore Railway

Trafikverket (the Swedish Transport Administration), together with LKAB and Bane Nor, is conducting tests on the Swedish and Norwegian sections of the Ore Railway to enable heavier transports in future. Therefore, the axle load for ore cars is being increased from 30 tonnes to 31 tonnes.

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HYBRIT: SSAB, LKAB and Vattenfall building unique Pilot Project in Luleå for large-scale Hydrogen Storage investing a Quarter of a Billion Swedish Kronor

SSAB, LKAB and Vattenfall have commenced building a rock cavern storage facility for fossil-free hydrogen gas on a pilot scale next to HYBRIT’s pilot facility for direct reduction in Luleå, North of Sweden. This is an important step in the development of a fossil-free value chain for fossil-free steel. The investment cost of just over SEK 250 million (about 24 M €) is divided equally across the holding companies and the Swedish Energy Agency, which provides support via Industriklivet.

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HYBRIT: SSAB, LKAB and Vattenfall to establish the World’s first Production Plant for fossil-free Sponge Iron in Gällivare

SSAB, LKAB and Vattenfall are now taking a new, decisive leap forward in their work to make fossil-free steel for the global market. Industrialization of the technology being developed through HYBRIT will start in Gällivare, northern Sweden, where the world’s first production plant for fossil-free sponge iron – from feedstock to steel – is being planned.

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Green Light for fossil-free Steel in Oxelösund

The Land and Environment Court has decided to grant SSAB Oxelösund an environmental permit to convert its steelmaking operations and reduce carbon dioxide activities by 2025. This also means that we will take a step nearer towards fossil-free steel production across SSAB in 2045.

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Liberty Steel Group makes an offer to acquire Thyssenkrupp Steel Europe

Liberty Steel Group, part of sustainable industry leader GFG Alliance, has today announced that it has made a non-binding indicative offer (NBIO) as part of a Thyssenkrupp-led process to acquire the steel activities of Thyssenkrupp. Liberty Steel is a global steel and mining business with annual revenues of about US$ 15 bn/ € 13 bn and 30,000 employees in more than 200 locations on four continents.

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Outokumpu – Change in Outokumpu’s Leadership Team

Outokumpu – Change in Outokumpu’s Leadership Team

Reeta Kaukiainen, Executive Vice President, Communications, Marketing and Investor Relations has decided to pursue her career outside Outokumpu. She will continue in her current role until the end of September. With this change, Outokumpu’s communications, marketing and IR will continue as separate functions within the Outokumpu organization.

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HYBRIT: SSAB, LKAB and Vattenfall to start up the world’s first pilot plant for fossil-free steel

Today, SSAB, LKAB and Vattenfall are taking a decisive step toward fossil-free steelmaking with the start-up of HYBRIT’s globally unique pilot plant for the production of fossil-free sponge iron. Swedish Prime Minister Stefan Löfven started up the plant together with Isabella Lövin, Minister for Environment and Climate and Deputy Prime Minister, Martin Lindqvist, President and CEO of SSAB, Jan Moström, President and CEO of LKAB and Magnus Hall, President and CEO of Vattenfall. SSAB, LKAB and Vattenfall aim to create a complete value chain for fossil-free steel.

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Outokumpu: Management changes

Maciej Gwozdz, President, business area Europe has decided to resign from Outokumpu to take a new position in another company. He will continue to work in Outokumpu in his current position until the end of September. His successor will be appointed in due course.

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SSAB: Actions taken due to the Covid-19 Situation

SSAB implements several short-term actions across the business to mitigate the effects of Covid-19 and the total annualized savings are estimated to exceed SEK 1 billion.

SSAB's annual general meeting (AGM) was held today, April 1, 2020, in Stockholm. The AGM resolved that no dividend will be paid for the financial year 2019.

During the first three months of the year the business has largely proceeded according to expectations. SSAB´s focus during the first quarter has been to reduce risks of spreading the Covid-19 virus, including measures to protect the health and safety of our personnel and at the same time sustaining operations.

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New Potential in Latin America

 

SSAB Special Steels is aiming for 1.35 million tonnes of shipments by 2020. Part of this will come from upgrading but expanding sales in emerging markets will also play an important role in achieving this aim. Latin America is one potential geographical area for growth. We want to maintain and strengthen our position as the global leader in wear, structural, protection and tool steels as well as in related value-added services.

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