SSAB A Aktie

 

Tibnor, a subsidiary of SSAB, has signed an agreement with Ovako to acquire Ovako Metals Oy, a distribution entity in Finland. The acquisition is subject to regulatory competition approval in Finland. [image] With the planned acquisition of Ovako Metals Oy, Tibnor is set to strengthen its position in the Finnish market by taking over a well-established distributor with roots in the Finland's steel and metals industry. Ovako Metals Oy stocks, processes and distributes steel and metals for the engineering, process and construction industries, mainly in Finland. The company has...

Tibnor, a subsidiary of SSAB, has signed an agreement with Ovako to acquire Ovako Metals Oy, a distribution entity in Finland. The acquisition is subject to regulatory competition approval in Finland. [image] With the planned acquisition of Ovako Metals Oy, Tibnor is set to strengthen its position in the Finnish market by taking over a well-established distributor with roots in the Finland's steel and metals industry. Ovako Metals Oy stocks, processes and distributes steel and metals for the engineering, process and construction industries, mainly in Finland. The company has...

Ruukki Construction Press release 17.12.2025 at 10 am EET Ruukki Construction, part of SSAB and a leading supplier of sustainable, steel-based building products, announces leadership changes. Esko Harila is appointed Head of the Roofing Europe business unit, and Viktor Strömberg, becomes interim Chief Financial Officer (CFO) for Ruukki Construction. The changes take effect on January 1, 2026. Esko Harila, Chief Financial Officer of Ruukki Construction, who has also served as Interim Head of the Roofing Europe business unit (Finland, Baltics, Central Eastern Europe and Ukraine), will be...

Tom Cox has been appointed Head of SSAB Americas and a member of the SSAB Group Executive Committee, effective February 1, 2026. Tom is currently General Manager of SSAB Iowa. [image] “With over two decades at SSAB, Tom Cox has developed a unique expertise spanning the entire value chain—from steel production and metallurgy to ensuring top-quality delivery for our customers”, says Johnny Sjöström, President and CEO of SSAB. “His leadership has been instrumental in advancing fossil-free steel in the US and strengthening SSAB Americas' market position.” Tom Cox has worked for SSAB for 24...

SSAB launches its Strenx Certified Fabricator network in the Netherlands. This network is designed to recognize and promote excellence in high-strength steel fabrication. The Strenx® Certified Fabricator network connects a select group of fabricators with a proven ability to provide original equipment manufacturers (OEMs) with state-of-the-art steel components and pre-fabricated structures. These fabricators have demonstrated exceptional skill and expertise in working with SSAB's Strenx® performance steel. SSAB has now appointed Joop van Zanten B.V. in the Netherlands to become a member...

Balco Group has appointed Jani Backlund as the new Managing Director of Riikku Rakenteet Oy. He will assume the position on February 1, 2026. Jani brings more than 20 years of experience from Ruukki Construction, part of SSAB. Most recently, he served as Business Director, where for 13 years he held full P&L responsibility for operations with annual revenues exceeding EUR 100 million in Finland and in export markets. He has extensive experience in sales, production and business development, and has successfully led efficiency and transformation initiatives resulting in significantly...

The Land and Environment Court of Appeal has issued a ruling confirming SSAB's permit to build and operate a new steel plant in Luleå. [image] In December 2024, SSAB was granted a permit by the Land and Environment Court at Umeå District Court to construct and operate a new electric arc steel plant in Luleå, replacing the current blast furnace-based production. This permit enables SSAB to secure long-term competitiveness while reducing carbon dioxide emissions from production by up to 90%. The ruling was appealed to the Land and Environment Court of Appeal, which granted leave to...

SSAB is entering a partnership with EAB for the supply of fossil-free steel, including SSAB Zero™, for use in EAB's core businesses: warehouse fittings, doors, and steel buildings. [image] “We are pleased to deepen our cooperation with EAB, which has already started using SSAB Zero™ in its production. This shows that fossil freedom is not just a vision but a reality, making a difference here and now. Together, we are taking concrete steps to reduce climate impact and create sustainable solutions for the industry”, says Thomas Hörnfeldt, Vice President Sustainability, SSAB. EAB has...

A group of companies that include ABB Ltd. and steel producer SSAB AB are poised to invest alongside Swedish utility Vattenfall AB to build the nation's first nuclear reactors since the 1980s....

SSAB AB has successfully issued its inaugural green bonds under its EUR 2 billion EMTN programme, dated June 25, 2025. Two five-year senior unsecured green bonds, with a combined total of SEK 2,800 million, have been issued and mature in November 2030. The floating rate notes carry a coupon of 3m Stibor + 1,12% (SEK 2,250 million) and the fixed rate notes (SEK 550 million) a coupon of 3,565%. The transaction generated strong interest from investors and the issue was well oversubscribed, reflecting solid market confidence in SSAB's sustainability strategy and credit profile. The net proceeds...

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During the Capital Markets Day held in Oxelösund today, SSAB presents its long-term strategic direction to accelerate growth of its premium offering, with focus on the most attractive customer segments. The target is that the premium offering will amount to 65% of the Group's total shipments around 2030 and 75% by 2035, compared to 55% today. The strategy lays the foundation to deliver more unique customer value through more advanced steel grades and value add services and solutions, resulting in higher and more stable profitability for SSAB. “SSAB has built leading positions in our most...

As previously communicated SSAB is investing EUR 4.5 billion in a new electrified and integrated steel mill in Luleå. As part of this initiative, the Swedish Energy Agency has decided to grant SSAB SEK 314 million in funding through The Industrial Leap. By replacing the blast furnace process with an electric arc furnace in Luleå, SSAB can reduce its carbon dioxide emissions by approximately 90 percent – equivalent to around 7 percent of Sweden's total emissions. The investment is a crucial step in the transition to fossil-free steel production and is primarily financed by SSAB with its own...

Vattenfall and SSAB have signed a new agreement for the delivery of 120 tonnes of fossil-free steel for what will be the world's first fossil-free dam gate. The dam gate will be the largest steel component ever produced with near-zero fossil carbon dioxide emissions in the iron production. It will be installed in Vattenfall's hydropower station in Stornorrfors in 2028. The dam hatch will be 21 metres wide and 11 metres high, produced from 120 tonnes of fossil-free steel. The fossil-free steel is a concept delivery from SSAB and is produced with sponge iron from Hybrit's pilot plant in Luleå,...

SSAB has signed an agreement with Vattenfall to deliver 120 tonnes of fossil-free steel for what will become the world's first and largest dam gate manufactured with near-zero fossil carbon dioxide emissions in the ironmaking process. [image] The steel structure, measuring 21 meters wide and 11 meters high, will serve as a tangible example of how SSAB's fossil-free steel can be used in large-scale infrastructure projects. The steel is a pilot delivery based on fossil-free sponge iron – a groundbreaking technology developed jointly by SSAB, Vattenfall, and LKAB through the HYBRIT...

SSAB has taken decisive action against two Indian companies selling counterfeit steel. The unauthorized products, labelled with the Hardox® trademark, exhibited severe quality issues, posing risks to buyers who believed they were purchasing genuine Hardox® wear plate. Following a recent investigation and lawsuit in India, two companies based in the Mumbai area admitted to trademark infringement and passing off, both serious violations of SSAB's intellectual property rights. The companies not only paid exemplary damages but also faced a permanent injunction in the lawsuit and were directed to...

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Local production accounts for most of its sales on the U.S. market, however certain products, mainly high-strength steel for the automotive industry, are exported....

The third quarter · Revenue was SEK 22,960 (24,373) million · Operating result was SEK 1,869 (1,248) million · Earnings per share were SEK 1.49 (1.05) · Net cash was SEK 10.8 (13.3) billion Comments by the CEO SSAB's operating result for the third quarter of 2025 amounted to SEK 1,869 (1,248) million, representing an increase of SEK 621 million compared to last year, mainly driven by a stronger development in SSAB Americas. Compared to the previous quarter, the operating result declined slightly, primarily due to seasonally lower shipments and planned annual maintenance. The...