SSAB Prioritizes Profitability in Green Steel Transition Amid European Hesitation

While Europe shows reluctance towards green steel, Swedish company SSAB is fully transitioning its production, with its CEO stating the decision is driven more by profitability than climate concerns.

25 Feb, 10:29 — 25 Feb, 10:29

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svenska-dagbladet7d ago

”De vill ha grönt stål – men vill inte betala mer”

Europa backar från det gröna stålet. SSAB gör tvärtom – och ställer om i full skala i Sverige. Men beslutet handlar mer om lönsamhet än klimat, enligt vd:n Johnny Sjöström. ”Europa delas upp i två delar”, säger han.

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SSAB Prioritizes Profitability in Green Steel Transition Amid European Hesitation

Read at source (1 outlet)

”De vill ha grönt stål – men vill inte betala mer”

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