Stegra reached DRI tower milestone with final module lift
The tower now stands at 135 meters, with about 10 meters remaining to reach full height.
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Producer of near-zero emission steel
stegra.comLast updated
In short: Stegra reached major construction milestones for its Boden green steel plant while securing a vital €1.4 billion rescue funding package.
The tower now stands at 135 meters, with about 10 meters remaining to reach full height.
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.
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.
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 does not want to announce when the factory outside Boden is expected to start producing steel. The already postponed production plan is being reviewed. – We will give a timeline when we...
Stegra has entered into an agreement with the state-owned company Green Cargo regarding the handling of freight flows between the steel manufacturer's planned facility in Boden ...
Stegra has secured access to €1.5 billion in previously blocked credits after an agreement with lenders. The announcement marks both a financial breakthrough for the steel company...
Steelmaker Stegra has secured undrawn loans equivalent to just over 16 billion kronor, according to people familiar with the matter for Bloomberg.
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