Swedish Steel Startup Stegra Pioneers 95% Lower-CO₂ Production, Redefining Industrial Decarbonization
A Swedish steel startup, Stegra, is on the brink of revolutionizing the industrial sector with a groundbreaking steelmaking process that slashes CO₂ emissions by 95% compared to traditional methods. This week, the Swedish Energy Agency announced an additional $40 million in state aid to support Stegra’s innovative steel mill, which is already 60% complete. The project, backed by the EU’s NextGenerationEU initiative, is poised to set a new benchmark for low-carbon industrial production and accelerate the global transition to sustainable materials.









