“We’re partnering with Stegra to support the world’s first large-scale, green hydrogen-based, near-zero emissions steel plant in Boden, Sweden.
“By replacing coal with green hydrogen generated from renewable power, Stegra’s process can cut steel manufacturing emissions by up to 95% (meeting the IEA’s near-zero standard).”
What is Stegra?
Operating from Boden in northern Sweden, Stegra (formerly known as H2 Green Steel) is constructing Europe’s first greenfield steel mill in half a century.
While traditional steel manufacturing relies heavily on coking coal to process iron ore, the Stegra plant takes a radically different approach by harnessing Sweden’s abundant renewable electricity.
The Boden facility will use a giga-scale electrolyser powered by fossil-free energy to split water into hydrogen and oxygen.
This green hydrogen is then reacted directly with iron ore to produce iron, emitting primarily water vapour instead of harmful carbon dioxide.
Stegra estimates that entirely removing coal from the production process can cut carbon emissions by up to 95% compared to traditional blast furnace manufacturing.
Boden was strategically chosen for its access to clean power, proximity to high-quality iron ore and strong logistics infrastructure.
Once operational, the ambitious plant aims to produce five million tonnes of green steel annually by 2030, setting a much-needed benchmark for heavy industry worldwide.
Henrik Henriksson, CEO of Stegra, says: “There are some players globally that can help move markets towards decarbonised products in an impactful way.
