Comments concerning SSAB's decision to invest in Luleå
SSAB today announced its decision to proceed with plans to build a new electric arc furnace and minimill in Luleå.“The decision by our partner in Hybrit and largest customer, SSAB, to invest in Luleå bodes well for our planned transition to production of fossil-free sponge iron in Gällivare. This increases the level of assurance with respect to LKAB's future investment decision for the Hybrit demonstration plant, which is the first step in the successive transition we are planning,” says Jan Moström, LKAB's President and CEO. LKAB's and SSAB's operations have long been integrated and the