Fimpec signs contract with SSAB for Project Management Services in Luleå’s fossil-free steel investment

SSAB has selected Fimpec as its partner to deliver project management services for its €4.5 billion mini mill investment in fossil-free steel production in Luleå. Under the agreement, Fimpec will provide these services within the client’s own project management organization.

In early April, SSAB committed to constructing a cutting-edge mini mill for fossil-free steel in Luleå as the next phase of its green transition. The project is now initiated, and Fimpec has been chosen as a project management partner.

According to the contract between the companies, Fimpec will play a significant role in the project’s management. Its responsibilities will include leading the engineering process, including Building Information Modeling (BIM) and the integration of 3D models. Other responsibilities will be within the scopes of contract management, procurement, schedule management, Quality control, HSE and logistics..

“As part of SSAB’s project organizations, we bring in experience from several large-scale industrial investment projects. The project has started with strong collaboration, and, we are now jointly building the project’s engineering organization with SSAB,” says Raimo Kaunismäki, Project Service Manager at Fimpec.

Mikko Turunen, Managing Director of Fimpec PMO, states that the contract with SSAB is substantial and well-suited to Fimpec’s expertise.

“The project is a long-term mega-investment in SSAB’s fossil-free steel, with a lifecycle extending over several decades. It is a privilege to partner with our client to promote this green transition investment, which aligns excellently with our capabilities,” he evaluates.

The fossil-free steel mini mill under construction in Luleå will have an annual capacity of about 2.5 million tons of steel, replacing the existing blast furnace-based production system. The total investment is estimated at approximately €4.5 billion. The new facility is expected to commence operations by the end of 2028, achieving full capacity the following year.