Hannes Snellman Counsel to SSAB in Its Transformation Project
30 May 2024
Hannes Snellman advises SSAB in its transformation project initiated with the decision to build a fossil-free mini-mill in Luleå, Sweden. Once completed, the new mini-mill will replace the current blast furnace-based steel production system, resulting in an estimated 7% reduction of the total CO2 emissions of Sweden. Startup of the new mini-mill is planned at the end of 2028. The total mini-mill investment is estimated to amount to EUR 4.5 billion. Our team has advised SSAB in e.g. the contracting structure of the project and negotiation of process equipment contracts for the project as lead counsel.
Hannes Snellman's core team comprises Katja Perätalo, Maria Landtman, Emmi Nuutila, Linda Härkönen, Axel Rosengren, Elina Uitto, Rauli Elenius, and Victoria Reiter (Real Assets), and Jesper Nevalainen, Lasse Riski and Simon Mittler (IP & Technology).