Stegra chairman: cost overrun at Boden steel mill due to calculation error

Stegra's new owners discovered during the summer that costs for the Boden steel mill were significantly higher than expected, with the old management having miscalculated quantities of cement, cables, and pipes, according to chairman Leif Johansson. The exact magnitude of the overrun and its impact on project timeline or financing remain unclear. This signals potential financial strain for a major green industrial project in Sweden, with implications for investors and regional economic expectations.