The European Commission said on Monday that it has approved state aid of EUR 128 million (USD 138.8m) to support a project of Swedish steelmaker SSAB (<a href="https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE300&name=SSAB%20A&ISIN=SE0000171100" target="_blank">STO:SSAB-A</a>) to decarbonise production at its site in Luleå.