As the world grapples with reducing carbon emissions, the steel industry stands out as a significant contributor to global greenhouse gas emissions. However, Swedish company Stegra is leading an innovative approach to steel production with the use of green hydrogen. The plant in Boden, Sweden, is set to become the world's first industrial-scale plant to produce green steel, with operations expected to begin in 2026. By utilizing green hydrogen produced using renewable energy sources like hydropower and wind power, Stegra aims to revolutionize the steelmaking process by significantly reducing carbon emissions. The company plans to initially produce 2.5 million metric tons of green steel annually, with the goal of scaling up to 4.5 million metric tons. This shift in production methods marks a significant step towards achieving zero or near-zero emissions in the steel industry. Despite facing challenges in scaling the technology and operating in a competitive market, Stegra has already secured contracts with customers, including notable car manufacturers seeking to reduce their carbon footprint. The company's premium pricing strategy to cover construction costs has been accepted by customers, indicating a growing market demand for sustainable steel products. With the support of major industry players and a commitment to green technology, Stegra's innovative approach to steel production holds promise for a more sustainable future.