SSAB, Danieli sign contract for new Luleå mini-mill

Swedish steelmaker SSAB and Italian equipment supplier Danieli have signed a contract for the supply of equipment for SSAB’s new mini-mill in Luleå, the companies said on 10 June. 

This contract followed an Early Service Agreement (ESA) signed in July 2024.

The new Luleå mill will consist of two electric arc furnaces (EAFs) with a total capacity of 2.5 mt per year, secondary metallurgy, a caster and direct strip rolling mill, and a cold rolling complex.

The mini-mill will produce hot-rolled strip in thicknesses ranging from 1.3 mm to 25.4 mm.

When completed, SSAB will decommission the existing blast furnace-based production system in Luleå. This will reduce Sweden’s CO2 emissions by 7% in addition to the 3% from the Oxelösund mill conversion, SSAB said.

In the second quarter, enquiries for green steel flat products have increased, but actual transactions remained limited. Buyers are apparently also less interested in mass-balanced material, preferring embedded carbon reductions.

McCloskey’s reduced carbon marker, calculated in reference to all green HRC premium indications reported in the week to publication, stood at €60.46/t on 6 June.

Maria Tanatar

opisnet.com