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Finnish government takes direct control of state holding in steel firm SSAB

HELSINKI, Sept 14 (Reuters) - The Finnish government on Tuesday said it would take over direct control of shares in Swedish steelmaker SSAB from Solidium, the state investment firm.

The reasoning behind the decision is the government’s strategic interest to reach carbon neutrality by 2035, Finnish prime minister’s office said in a statement.

“It is important from the point of view of state ownership that the largest industrial polluter in Finland converts to low-carbon operations.”

The holding adds up to 6.3% of SSAB and 8% of votes.

Reporting by Essi Lehto

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