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SSAB's green transition in Oxelösund delayed due to power line work
Business News

SSAB's green transition in Oxelösund delayed due to power line work

SSAB's conversion of the steel mill in Oxelösund toward more fossil-free operation is being delayed. Work on the power line to an electric arc furnace is taking time
Green dreams meet dark mystery on Svartön in Luleå
Sweden News

Green dreams meet dark mystery on Svartön in Luleå

A black island is set to become a green hub when Luleå's large industrial complex is rebuilt. Now the project is being shaken by 24 mysterious cases of illness at the construction site
Green dreams meet dark mystery on Svartön in Luleå as 24 workers fall ill
Sweden News

Green dreams meet dark mystery on Svartön in Luleå as 24 workers fall ill

"A black island is set to become a green hub when Luleå's large industrial complex is rebuilt. Now the investment is being shaken by 24 mysterious cases of illness at the construction site
SSAB CEO calls mysterious employee illness cases baffling
Business NewsTop News

SSAB CEO calls mysterious employee illness cases baffling

SSAB continues to search for answers about mysterious illnesses among employees. Despite more than 150,000 gas measurements, no explanation has yet been found
They live in the shadow of the construction site where workers fell ill
Sweden NewsTop News

They live in the shadow of the construction site where workers fell ill

Svartöstaden in Luleå is sandwiched between the water and a huge industrial area. Not far from there, around 20 people have fallen ill at the SSAB construction site
Police ask for help after illnesses at SSAB in Luleå
Sweden News

Police ask for help after illnesses at SSAB in Luleå

The police have launched a preliminary investigation into the illnesses that affected SSAB in Luleå and are now asking people who experienced symptoms to come forward.
LKAB tests more iron ore deliveries to Stegra
Business News

LKAB tests more iron ore deliveries to Stegra

LKAB is opening up to sell more iron ore to rival Stegra. Now the logistics for those deliveries will be tested, reports Sveriges Radio's Ekot
False alarm about hydrogen cyanide closes Luleå port
Sweden News

False alarm about hydrogen cyanide closes Luleå port

A gas detector at the port of Luleå detected hydrogen cyanide, and the entire port was temporarily closed, reports NSD. The port is located near SSAB's steel mill construction site, where several employees have fallen ill
New case of illness at SSAB in Luleå - in another area
Sweden News

New case of illness at SSAB in Luleå - in another area

Another person has fallen ill after working at SSAB in Luleå, SVT Norrbotten reports. The case is not linked to previous cases of illness during the construction of the new steel mill
Police investigate work environment violations at SSAB in Luleå after workers fell ill
Sweden News

Police investigate work environment violations at SSAB in Luleå after workers fell ill

Police have opened a preliminary investigation into violations of workplace safety after several workers at SSAB in Luleå fell ill. However, no technical examination has been carried out because it is considered too dangerous
SSAB stops work in Luleå after new cases of illness
Sweden News

SSAB stops work in Luleå after new cases of illness

Three people have sought medical attention after working at SSAB's premises in Luleå. NSD reports that the company has now stopped all work on construction of the new steel mill
Elevated levels of toxic gases found in machines at SSAB in Luleå
Sweden News

Elevated levels of toxic gases found in machines at SSAB in Luleå

Test results show that elevated levels of toxic gas have been found in machines where people work at SSAB's premises in Luleå, P4 Norrbotten reports.
Several more employees seek medical attention as work in SSAB area stopped
Sweden News

Several more employees seek medical attention as work in SSAB area stopped

P4 Norrbotten reports that a number of employees at SSAB's site in Luleå have sought medical attention after working on earthworks at the new steel mills.
Long queue of new electricity consumers in Sweden could raise electricity prices
Business News

Long queue of new electricity consumers in Sweden could raise electricity prices

The queue to connect to the electricity grid is long and congested. It points to electricity consumption more than doubling in 15–20 years
Stockholm Stock Exchange closes down despite gains for Nibe and Embracer
Business News

Stockholm Stock Exchange closes down despite gains for Nibe and Embracer

The Stockholm Stock Exchange closed in the red for the second day in a row, despite strong gains for Nibe and Embracer after they reported results and positive sentiment on leading European exchanges and Wall Street. The OMXS index fell 1 percent
The world's green steel industry is changing as projects are delayed, paused or scrapped
Sweden News

The world's green steel industry is changing as projects are delayed, paused or scrapped

Only two new green steel and iron projects were announced last year. At the same time, many more were delayed, paused or scrapped, according to the Green Steel Tracker
Record number of people on the stock market - 80-year-olds are getting in
Business NewsTop News

Record number of people on the stock market - 80-year-olds are getting in

Millennials are the largest group on the stock market, and Generation Z is leaving the market. At the same time, more 80-year-olds are starting to save in stocks, Euroclear's Shareholder Report shows
Profit increase for SSAB as it sees better demand
Business News

Profit increase for SSAB as it sees better demand

Steel group SSAB reports a profit before tax of SEK 661 million for the fourth quarter of last year. This compares with a profit of SEK 580 million in the corresponding quarter a year earlier
New billion-dollar dividends expected from stock market giants
Business NewsTop News

New billion-dollar dividends expected from stock market giants

Expect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor
Industry invests in new nuclear power
Business News

Industry invests in new nuclear power

Vattenfall's new company for new nuclear power at Ringhals is now taking the next step. The industrial partnership Industrikraft, with companies such as ABB and SSAB, signs a partnership agreement
Companies at climate summit questioned
Business News

Companies at climate summit questioned

Around 25 Swedish companies are accompanying the Swedish delegation to Belém, Brazil, where the world's countries are to agree on how to reduce emissions. At the same time, the non-profit Transparency International warns that the increasing focus on the private sector has made the climate meetings more like industry fairs
Sweden's Largest Hydropower Plant to Install Fossil-Free Steel Gate
Business News

Sweden's Largest Hydropower Plant to Install Fossil-Free Steel Gate

Sweden's largest hydroelectric power plant will replace the dam gate – to the first in fossil-free steel.
Klarna's Stock Market Debut Attracts Swedish Small Investors
Business NewsTop News

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna was listed on the New York stock exchange on Wednesday. According to the online banks Avanza and Nordnet, there was a great interest among Swedish small investors for the share on the first trading day
Stockholm Stock Exchange Glitch Causes Trade Cancellations
Business NewsTop News

Stockholm Stock Exchange Glitch Causes Trade Cancellations

Technical problems at the Stockholm Stock Exchange led to extreme price movements being displayed in the final trading on Tuesday. The mess leads, among other things, to all stock trades during the last half hour being withdrawn, reports Dagens industri
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