Market Segment
March 26, 2024
SSAB could use DOE funding to expand US operations
Written by Laura Miller
With the help of a large government grant, SSAB may soon expand its operations in the US – including constructing a fossil-fuel-free green ironmaking facility in Mississippi.
The Department of Energy (DOE) selected SSAB’s proposed project to build a hydrogen-fueled zero-emissions steelmaking facility to move forward with awards negotiations in DOE’s Industrial Demonstrations Program. Funds from the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) would be used to provide a grant of up to $500 million for the project.

