The name change, competition with Hybrit and 1,500 new jobs \u2013 a lot of interest in Stegra\u2019s green steel mill in Boden\u00a0when the company met the people of Boden.<\/p>\n\n\n\n
Around 250 people gathered at Folkets Hus to receive an eagerly awaited update from Stegra\u2019s CEO, Henrik Henriksson. During the meeting, participants gained insight into the ongoing construction of the green steel plant, the background to the name change from H2 Green Steel, as well as how the project is financed and what it means for future customer relations.<\/p>\n\n\n\n
“We are on schedule and expect production to start in mid-2026. It is no longer a question of if we can press the green button, but when. Everything is in our hands,\u201d said Henrik Henriksson.<\/p>\n\n\n\n
He bases his optimism on the fact that all the important elements are now in place: the customer base is secured, deliveries of building materials to the site are working, and the budget is on track. So far, they have not had to use reserve funds, which Henriksson says puts them in a strong position for the future.<\/p>\n\n\n\n
\u201cIt is built into our financing that there is money that can act as a kind of reserve and for us to trim the factory until 2028. This means that we can prepare well before we reach full profitability,\u201d he explained.<\/p>\n\n\n\n