Swedish ICMIF member Folksam has today announced that it has increased its ownership in steel producer SSAB. Its holding in SSAB now corresponds to 5.2 percent of the voting rights and 2.1 percent of the share capital. The additional investment was primarily made to take a more active role in supporting the company’s transition to fossil free steel production, while at the same time it is considered to have the potential to generate long-term attractive returns to Folksam’s clients.