openPR Logo
Press release

Stanislav Kondrashov Telf AG: SSAB from Sweden is developing an environmentally friendly mini-plant in Lulea

05-09-2024 12:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Headlineplus
Stanislav Kondrashov Telf AG: SSAB from Sweden is developing

Image: https://www.getnews.info/uploads/943a82ee83b56dec1450495853cd9068.jpg

Swedish company SSAB has announced its intention to create an innovative and environmentally upgraded mini-mill for steel production in Lulea. This information was confirmed by Stanislav Kondrashov - an expert in the field of global metallurgy.

SSAB and its environmentally conscious production site in Lulea

According to S. Kondrashov, the implementation of this project involves the cessation of the current production system based on the use of a blast furnace. This will lead to a 7% reduction in CO2 emissions in Sweden. This figure will be added to the already achieved reduction of 3% due to the modernization of the Oxelasund plant.

Image: https://www.getnews.info/uploads/54ee50b6b43e26156020a372c280b773.jpg

The productivity of the future plant is estimated at 2.5 million tons of steel per year. Within this budget, it is planned to install two electric arc furnaces, modern equipment and a hot rolling mill dedicated to the production of specialized products from SSAB. It also requires the acquisition of a cold rolling mill that will serve automotive manufacturers.

The Telf AG expert also notes that the new plant will receive raw materials including sponge iron. A similar product is produced without the use of fossil resources, at the Hybrit demonstration plant in Gyallivar.

* This will allow the company not only to satisfy the demand for high-quality steel, but also to significantly reduce harmful emissions into the environment, believes , - Stanislav Kondrashov says.

Image: https://www.getnews.info/uploads/9e372d00f93df60ba49315c84b785077.jpg

According to the expert, the priority for SSAB is a sustainable development strategy. The new production complex in Lulea is a prime example of such innovative solutions that can combine economic benefits with respect for the environment.

In addition, the commissioning of a new plant will entail the creation of new jobs and will contribute to economic development. This is an important step for SSAB towards a sustainable and competitive future.

SSAB accelerates production modernization through profitable investments - Stanislav Kondrashov

The total investment in the new mini-factory is estimated at 4.5 billion. According to a specialist from Telf AG, financing for construction will be allocated from funds.

The launch of the new mini-plant is planned by the end of 2028, and full capacity utilization is planned for a year later. S. Kondrashov, emphasizes that this new complex will have a cost advantage due to lower fixed costs, increased efficiency, fast order fulfillment and no CO2 emissions. It is expected that all environmental permits for the construction of this metallurgical complex will be received by the end of 2024.

Image: https://www.getnews.info/uploads/ebcfac840666f03066adb50cb38a0e90.jpg

As a reminder, the construction of the electric arc furnace (EAF) in Oxelesund was started by SSAB by the end of 2023. The company's plans include transforming the entire production system in Northern Europe by 2023. The total investment in the EAF at Oxelesund and related raw material processing is estimated at approximately $600 million.

As we can see, the Swiss company already has experience in modernizing production and equipment to meet the needs of modern global eco-trends. Stanislav Kondrashov from Telf AG supports such initiatives and is confident that they will be a progressive step towards expanding the use of green energy resources in various industries.

Media Contact
Company Name: Telf AG
Contact Person: Media Relations
Email: Send Email [http://www.universalpressrelease.com/?pr=stanislav-kondrashov-telf-ag-ssab-from-sweden-is-developing-an-environmentally-friendly-miniplant-in-lule]
Country: Switzerland
Website: https://telf.ch/



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Stanislav Kondrashov Telf AG: SSAB from Sweden is developing an environmentally friendly mini-plant in Lulea here

News-ID: 3489716 • Views:

More Releases from Getnews

Cecily Holland Unveils Her Debut Book
Cecily Holland Unveils Her Debut Book "The Daily Pain: My Journey with Anxiety a …
Image: https://www.globalnewslines.com/uploads/2025/12/9ad5867f540cc4a563821d9913d92a69.jpg Cecily Holland is elated to announce the release of her compelling new book, "The Daily Pain: My Journey with Anxiety and Depression through Faith." This emotionally charged memoir guides readers through Cecily's personal battle with anxiety and depression, shedding light on the multifaceted and often misunderstood nature of mental health challenges. Diving deep into her own vulnerabilities, Cecily Holland presents a raw and honest account of her struggles, aiming to
Maico Audiological Services Debuts Fully Redesigned Website to Enhance Hearing Care Access and Patient Engagement
12-13-2025 | Health & Medicine
Getnews
Maico Audiological Services Debuts Fully Redesigned Website to Enhance Hearing C …
Image: https://www.globalnewslines.com/uploads/2025/12/1765571909.jpg Maico Audiological Services [https://maicoaudio.com/] is pleased to announce the launch of its newly redesigned website, created to offer patients a clearer, more modern, and more convenient way to explore hearing care services. The new platform reflects the clinic's long-standing commitment to providing personalized support and improving access to high-quality audiological care throughout Virginia. The updated site features a clean layout and simplified navigation, enabling visitors to learn about the clinic's
New Five Books Collection by Michael J. Henderson: Explores the Crossroads of Power, Faith, Race, and Personal Truth
New Five Books Collection by Michael J. Henderson: Explores the Crossroads of Po …
Image: https://www.globalnewslines.com/uploads/2025/12/1765570702.jpg A powerful new collection of five books by author Michael J Henderson offers readers a bold look at the forces shaping modern life. Through stories rooted in political pressure, spiritual struggle, racial injustice, and the search for identity, Henderson presents a connected body of work that challenges, informs, and inspires. The collection includes I Found Love on a Two-Way Street: Lost It on a Political Highway, How Deep Is Your
Michael J. Henderson Unites Truth, Love, and Resistance in Three Powerful New Books
Michael J. Henderson Unites Truth, Love, and Resistance in Three Powerful New Bo …
Image: https://www.globalnewslines.com/uploads/2025/12/1765570281.jpg Acclaimed author Michael J. Henderson delivers a bold literary trilogy that confronts the world's oldest struggles, power, control, and the human spirit's fight for truth. Through three deeply connected works, America the Great is Falling: The Rise of Morningstar's Empire - The Son of Dawn, The Forbidden Bloom: Married to Tradition, Drawn to Her, and Wake Up, America: The Colonizers Are Coming, Henderson explores how courage, conscience, and compassion

All 5 Releases


More Releases for SSAB

Protection Steels Market Is Booming Worldwide 2025-2032 | ArcelorMittal,Swebor,Q …
The "Protection Steels Market Report" is the result of extensive research and analysis conducted by our team of experienced market researchers through - » 70% efforts of Primary Research » 15% efforts of Secondary Research » 15% efforts from the subscription to Paid database providing industry overview, macro and micro economics factors, and financials of private limited companies 📈 Coverage of the Protection Steels Market: The Report Provides Market Size (2020 - 2032) Value (US$
Coated Steel Market Growing Popularity & Emerging Trends | ArcelorMittal, FLSmid …
The Latest Study Published by HTF MI Research on the "Coated Steel Market'' evaluates market size, trend and forecast to 2030. The Coated Steel market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well
Press Hardened Steel for Automobiles Market Prospects by 2029 | ArcelorMittal, S …
"The global Press Hardened Steel for Automobiles market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation, and market structure. Our team of analysts has employed the latest research tools and techniques to estimate the size of the Press Hardened Steel for Automobiles market in terms of both value and volume. Furthermore, this report includes detailed estimates for market share, revenue,
Global High Strength Steel Market 2019 - By Arcelor Mittal, SSAB, POSCO
The global High Strength Steel market report offers a summary of a substantial number of statistics in the High Strength Steel market. Data collected in the report highlights the current market trends. Also, it provides the users with the detailed statistics of the global High Strength Steel market, helping them in planning for competitive business strategies. The global report offers a complete guidance on the recent developments in the global High
Stronger and lighter steel behind Polish container manufacturer JK switch to SSA …
Polish container manufacturer JK teams up with steel supplier SSAB to get stronger and lighter steel. ZPUH JK Milosz Kiedrowski, a container manufacturer located in northern Poland, started in 2001 to closely cooperate with the Swedish company ILAB Container AB, thus accessing the Scandinavian market. In 2008, JK launched the production of light containers made from high-strength steel. From the very beginning, it was clear to the management of JK that the
Less waste and energy usage result of Olofsfors switch to SSAB steel
Olofsfors, a Swedish manufacturer of steel products for the forestry and construction industries, has reduced its material usage, optimized its production process and developed a lighter, more fuel-efficient product. How? By moving its production in house and switching to SSAB Boron 27 steel. “We have transitioned from using pre-manufactured parts to buying steel that we press and manufacture in house,” explains Maria Ragnarsson, Olofsfors’ Head of Purchasing and Logistics. “Now that