SSAB and Stena Metall enter into strategic cooperation agreement on deliveries of recycled scrap metal
SSAB and Stena Metall have entered into a strategic cooperation agreement that ensures deliveries of recycled scrap metal from Stena Nordic Recycling Center in Halmstad, Sweden, to SSAB’s new electric arc furnace in Oxelösund.
The collaboration means that a larger amount of recycled metal can be reused in Sweden, further strengthening the value chain for steel production with minimal carbon dioxide emissions.
“On our journey toward fossil-free steel production, it is important to establish partnerships in the raw material sector. The agreement with Stena Metal is a significant step on the Swedish recycling market. Our transformation in Oxelösund means that we will reduce Sweden’s CO2 emissions by around 3 percent by producing steel from both recycled scrap metal and fossil-free sponge iron,” says Asma Manesh, Commodity Manager Scrap at SSAB.
The first deliveries are planned in connection with the ramp up of the new electric arc furnace. Deliveries will primarily take place by train between Halmstad and Oxelösund.
“We are proud to continue our long-term collaboration with SSAB, which now also results in us contributing to the transformation to sustainable steel production. Simultaneously, we are jointly working on a solution that also includes recycling of material from selected SSAB customers in Sweden,” says Fredrik Lyckesvärd, Head of Business Area Ferrous at Stena Recycling.
SSAB plans to convert its entire Nordic production system to produce steel with virtually zero fossil carbon emissions while also increasing the share of premium products. SSAB in Oxelösund is the first site to embark on this transformation, with startup of the new production system planned toward the end of 2026.
For further information, please contact:
Gunilla Hjalmarson, Head of External Relations at SSAB, phone: +46 76 117 9185, gunilla.hjalmarson@ssab.com
SSAB is a Nordic and US-based steel company that builds a stronger, lighter and more sustainable world through value added steel products and services. Working with our partners, SSAB has developed SSAB Fossil-free™ steel and plans to reinvent the value chain from the mine to the end customer, largely eliminating carbon dioxide emissions from our own operations. SSAB Zero™, a largely carbon emission-free steel based on recycled steel, further strengthens SSAB’s leadership position and our comprehensive, sustainable offering independent of the raw material. SSAB has employees in over 50 countries and production facilities in Sweden, Finland and the US. SSAB is listed on Nasdaq Stockholm and has a secondary listing on Nasdaq Helsinki. Join us on our journey! www.ssab.com, Facebook, Instagram, LinkedIn, X and YouTube.
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