Blastr Green Steel to build €4b low-carbon steel plant

Blastr Green Steel to build €4b low-carbon steel plant

Norwegian company Blastr Green Steel is planning a €4 billion investment to construct a low-carbon steel plant in Inkoo, Finland, in what could be one of the largest industrial projects to take place in the country.

Blastr has entered into a letter of intent with Nordic energy company Fortum that provides Blastr exclusive rights to use an existing industrial site located in Inkoo.

The €4bn investment is expected to create up to 1,200 direct jobs in the operations phase, with production planned to start by end of 2026.

Read more from Steel Times International

Date posted 05/01/2023

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