ReferIndia News Stegra's Green Steel Revolution: Wallenberg's Legacy Investment

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Stegra's Green Steel Revolution: Wallenberg's Legacy Investment

Published on: April 14, 2026, 3:16 p.m. | Source: Devdiscourse

Swedish startup Stegra has secured €1.4 billion from a Wallenberg-led consortium to complete its steel plant in Sweden. This investment bolsters one of Europe's few remaining large green steel projects. The move signals confidence in Stegra's hydrogen-based model amid the continent's decarbonization efforts.

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