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Västra Nyland and Yle: Norwegian Company Cancels Billion-Euro Investment in Inkoo

Summary by Ilta-Sanomat
Norwegian company Blastr Green Steel is canceling its four billion euro project.

5 Articles

Center

Norwegian company Blastr Green Steel is canceling its four billion euro project.

·Finland
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Center

Norwegian Blastr Green Steel is temporarily canceling plans for a massive steel plant in Inkoo.

·Finland
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The multi-billion euro project in Inkoo is not progressing, says Västra Nyland.

Billion-euro project in Inkoo is not progressing, reports Västra Nyland. The giant steel mill project in Inkoo has been canceled. Västra Nyland newspaper reports that Norwegian Blastr Green Steel is canceling a billion-euro steel mill investment in Inkoo. The investment would have been worth around four billion euros.

·Finland
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Blastr Green Steel wants to split the project in Joddböle and start with the production of sponge iron instead of a full-scale steel mill. The company refers to the market situation.

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yle broke the news in Finland on Wednesday, May 13, 2026.
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