SSAB and Fortum explore possibilities for the production of hydrogen-reduced sponge iron in Raahe
SSAB and Fortum will launch a FEED* study to explore the possibilities of making hydrogen-reduced sponge iron also in Raahe. The FEED study will explore the possibilities of making fossil-free sponge iron at an industrial-scale in Raahe and of building a hydrogen production plant. The study is scheduled to complete in the first quarter of 2024.The initiative is a natural continuation to an ongoing joint research project FFS – Towards Fossil-free Steel, which began in February 2021 and is supported by Business Finland.In January 2022, SSAB's Board of Directors made a policy