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NASDAQ:SSAB 29 October 2025

Fossil‑Free Steel Breakthrough: Vattenfall Builds World’s First Green Dam Gate

Fossil‑Free Steel Breakthrough: Vattenfall Builds World’s First Green Dam Gate

In a landmark for clean technology, Vattenfall has ordered 120 tonnes of fossil-free steel from SSAB to build a replacement dam gate at the Stornorrfors hydropower plant in northern Swedenenergy-pedia.com. Announced in late October 2025, the agreement marks the world’s first attempt to use virtually carbon-neutral steel in a large-scale infrastructure component. “Vattenfall and SSAB are now taking a big step forward in the development of fossil-free value chains,” said Lovisa Fricot Norén, CEO of Vattenfall’s Nordic hydro power unitenergy-pedia.com. The project deepens a partnership formed in 2023 between the power company and steelmaker to accelerate the fossil-free transitionenergy-pedia.com.