Japanese bank joins green steel revolution with Stegra investment
Development Bank of Japan (DBJ) has taken a minority stake in Swedish green steel pioneer Stegra, marking another major institutional backing for Europe's emerging clean steel sector.
The Japanese bank acquired its position through a joint venture with Hy24's Clean H2 Infra Fund, joining the roster of investors backing Stegra's ambitious plan to build the world's first commercial-scale green steel plant in northern Sweden.