SSAB is making a billion-krona investment in its Borlänge operations to boost steel production capacity by 150,000 tonnes per year. The move comes amid global uncertainties and new US tariffs. No major new hirings are planned.
SSAB in Borlänge is investing billions to upgrade its operations, at the same time as the company makes large investments in Luleå for carbon dioxide-reduced steel. Eva Elfving, site and production manager at SSAB in Borlänge, states that capacity has been increased to produce an additional 150,000 tonnes of steel annually. “We have increased the capacity to be able to produce 150,000 tonnes more steel every year,” she tells SVT Nyheter Dalarna. The article was published on March 19, 2026. Despite challenges like new US tariffs, investments in steel for the automotive industry continue. “It has been up and down. Some deliveries to the US have decreased with the new tariffs. And on the other side, our production in the US has increased, but it swings quickly,” Elfving explains. The Nordic region and Europe have become more important markets. SSAB, which has existed for 150 years, regularly upgrades its operations to remain relevant. “We have existed for 150 years and have always upgraded our operations. We must do that now too to be relevant in the future,” she adds. Despite the investments, no major new hirings are visible in Borlänge. SSAB is a major carbon dioxide emitter and aims for completely fossil-free steel, but the goal has not been achieved. “No, we are not fossil-free yet. But we are on the way and it is ongoing work,” says Anna Östlund, communications manager at SSAB in Borlänge.
