Close to the Arctic Circle in northern Sweden, work is under way to complete a €6.5bn project that aims to cut the carbon emissions from traditional steelmaking by 95 per cent.
H2 Green Steel expects to begin production of the metal by mid-2026 at its greenfield site in Boden, with ambitions to ramp up supply to the European market initially to 2.5mn tonnes a year, growing to 5mn tonnes annually by 2030.
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