SSAB, LKAB and Vattenfall announced today that they have formed a joint venture company to continue to drive the HYBRIT initiative. The three companies will each own one third of the company, which will seek to develop a steelmaking process that emits water instead of carbon dioxide.
SSAB is hosting a Capital Markets Day today, June 20, in Stockholm. The event provides an update on SSAB's progress with its strategy execution. SSAB will present new targets for the Group’s growth initiatives. The financial targets remain unchanged.