SSAB AB (publ) has commenced preparatory work to build a new, state-of-the-art steel mill in Lulea, which will replace the current blast furnace-based production. Vattenfall Eldistribution has announced that reinforcements to the transmission grid for the new steel mill will not be delivered as planned and following an initial analysis, it is estimated that the planned start-up of the new steel mill will be postponed by 12 months, from the end of 2028 to the end of 2029. The revised timeline does not affect the previously communicated investment framework of EUR 4.5 billion.