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Stegra Secures Thyssenkrupp Deal for Non-Prime Steel Amid Green Steel Mill Challenges in Sweden

HYDROGENGREEN STEEL

Stegra has secured a deal with a Thyssenkrupp subsidiary to purchase non-prime steel from its upcoming green-steel mill in northern Sweden, which is facing cost increases and construction delays while seeking over $1 billion in additional financing. The plant, expected to produce 2.5 million metric tons of steel annually using green hydrogen and clean electricity, aims for a 95% reduction in carbon emissions compared to traditional methods. Although the agreement supports cash flow during startup, Thyssenkrupp will not count the emissions reductions toward its climate targets, as Stegra will sell environmental attribute certificates separately.

Stegra Secures Thyssenkrupp Deal for Non-Prime Steel Amid Green Steel Mill Challenges in Sweden
Jan 22, 2026, 6:19 AM

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