US EditionRaahe's Giant Investment Will Not Materialize: There Will Be No Steel Plant Worth Billions
3 Articles
3 Articles
The steel mill in Raahe is being upgraded to replace the blast furnaces and coke plant with arc furnaces. However, there will be no actual new production facility.
A multi-billion euro minimill steel mill investment in Raahe has been in SSAB's plans for a long time, although the first similar investment went to the company's second mill in Luleå, Sweden, last year. Now CEO Johnny Sjöström says that building a minimill in Raahe would "make no sense".
A multi-billion euro minimill steel mill investment in Raahe has been in SSAB's plans for a long time, although the first similar investment went to the company's second mill in Luleå, Sweden, last year. Now CEO Johnny Sjöström says that building a minimill in Raahe would "make no sense".
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