Swedish Green Steel Maker Mulls IPO to Finance Expansion Plans
Swedish Green Steel Maker Mulls IPO to Finance Expansion Plans

Swedish Green Steel Maker Mulls IPO to Finance Expansion Plans

How did your country report this? Share your view in the comments.

Diverging Reports Breakdown

Swedish Green Steel Maker Mulls IPO to Finance Expansion Plans

Stegra AB, which is building the world’s biggest green steel plant in northern Sweden, is doing initial work for an eventual public listing. The four-year-old startup, on track to start producing the metal by the

Read full article ▼
Stegra AB, which is building the world’s biggest green steel plant in northern Sweden, is doing initial work for an eventual public listing of shares because its expansion plans may need more funding than it can raise privately.

The four-year-old startup, on track to start producing the metal by the end of next year, has raised about €6.5 billion ($7.4 billion) so far, one-third equity and two-thirds debt. That will largely be used to get the plant up and running and produce 2.5 million tons a year. A second phase could see Stegra double the production, but would require further substantial fund raising.

Source: Bloomberg.com | View original article

Source: https://www.bloomberg.com/news/articles/2025-06-10/swedish-green-steel-maker-mulls-ipo-to-finance-expansion-plans

Leave a Reply

Your email address will not be published. Required fields are marked *