Latest Stegra News & Updates

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Company icon
Stegra

Producer of near-zero emission steel

stegra.com
Headquarters
Stockholm, Sweden
Founded year
2020
Company type
Private company
Number of employees
200–900

Last updated

Latest news about Stegra

In short: Stegra secured a €1.4 billion rescue funding package led by a Wallenberg-led consortium to complete its green hydrogen steel plant in Boden, Sweden.

Company announcements

  • Stegra

    Stegra is recognized as a strategic net-zero project

    The designation by Tillväxtverket highlights the Boden green hydrogen steel plant's role in cutting CO₂, strengthening EU supply chains, and follows a €250 million EU Innovation Fund grant.

  • Stegra

    Stegra agrees in principle on €1.4 billion financing round

    The round, led by Wallenberg Investments consortium, funds completion of the green steel plant in Boden, Sweden. It strengthens equity and board with new nominees.

  • Stegra

    Stegra completes installation of all 37 electrolyzer modules

    The modules enable production of over 100,000 tonnes of green hydrogen annually for green iron in steelmaking. More work remains on the hydrogen plant.

  • Stegra

    Stegra completes installation of 37th electrolyzer module

    All modules are now in place at the Boden hydrogen plant, Europe's largest green hydrogen facility. The team advances to pre-commissioning and commissioning phases.

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Media coverage

  • Ledarsidorna.se

    Prioritised EU status was given to Stegra despite untrue information

    The industrial company Stegra, formerly H2 Green Steel, has been granted status as a strategic net-zero project under the EU regulation Net Zero Industry Act (NZIA). The classification means that the company's planned...

  • Norran

    Green steel rules tested: Stegra questions EU thresholds

    Stegra has criticised the EU’s “low-carbon steel” rules as too weak – warning that if everything qualifies, the policy risks easing pressure today...

  • Västerbottens-Kuriren

    Green dreams meet dark riddle on Black Island

    A black island is to become a green hub, when Luleå's large industrial complex is rebuilt. Now the investment is shaken by 24 mysterious cases of illness on the construction site. - I...

  • Ledarsidorna.se

    Green light - and closed doors: Stegra protected by 20 years of secrecy

    The steel venture Stegra, previously H2 Green Steel, has had its planned hydrogen-based facility in Boden classified as a strategic net-zero project by Tillväxtverket. The decision means that the project...

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