SSAB to reduce annual costs by SEK 200 million with modernizations

Wednesday, 04 November 2015 15:46:39 (GMT+3)   |   Istanbul
Swedish specialty steel producer SSAB has announced that it has modernized its blast furnace in Lulea, Sweden, and the blast furnace is now turning out premium quality crude steel. Meanwhile, the blast furnaces in Raahe, Finland were modernized as recently as 2011 and an investment in a pulverized coal injection system has now been completed there. This investment will reduce annual costs by around SEK 200 million from 2016 onwards. The company stated that the installations in both Lulea and Raahe will further improve both its cost efficiency and environmental footprint. 
 
SSAB’s five blast furnaces in the Nordic region have a total capacity of around 6.4 million mt. One blast furnace is in Lulea, while there are two each in Oxelösund and Raahe. 

Similar articles

SSAB, LKAB and Vattenfall to build pilot plant for fossil-free steel

SSAB to invest more than SEK 500 million in its Nordic operations

SSAB introduces new dimensions for heavy plates

US amends AD duty on corrosion resistant steel from Mexico

Mexican domestic ferrous scrap prices stop rising and trend flat

Investment in Canadian building construction increases 0.1 percent in August 2026

US rig count unchanged, Canada increases - week 44, 2026

Algoma Steel posts Q3 loss as shipments appear to bottom out

US flat steel posts solid weekly gains on tight supply, lower imports and higher scrap

BPI prices in the US and Brazil drop based on a new deal