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04.03.26 - 15:32
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Hardox® HiAce steel sets new standard in corrosive wear and high-heat environments (Cision)
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The steel solution where abrasion, corrosion and heat meet
At steelmaker SSAB, innovation in wear-resistant materials has taken a decisive step forward. Hardox® HiAce is engineered to outperform conventional abrasion-resistant (AR) steels, stainless steels and even ceramics in environments where wear, corrosion and elevated temperatures combine. It offers the same excellent hardness, yield strength and toughness as the renowned Hardox® 450 wear plate.
Unlike traditional materials that often excel only in one dimension, Hardox® HiAce delivers a combination of:
· Superior...
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10.02.26 - 09:24
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Waste heat from SSAB Hämeenlinna feeds into Loimua′s district heating network (Cision)
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The heating and cooling plant built by energy company Loimua at SSAB's Hämeenlinna site is now complete and operational. The plant utilizes waste heat from SSAB Hämeenlinna in the city's district heating network and covers about 15% of Hämeenlinna's district heating needs.
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“This project supports SSAB's sustainability goals. It's great that industrial waste heat can be used for city heating in this way. We have previously delivered small amounts of heat energy recovered from the flue gases of galvanizing line 2 to Loimua, and the cooperation has worked well,” says Mikko Lepistö,...
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30.01.26 - 10:36
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Noise-reducing engine silencer made from decarbonized SSAB Zero™ steel (Cision)
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SSAB and JTK Power have jointly developed the world's first marine industry engine silencer made from low-emission SSAB Zero™ steel.
[A large black pipe in a roomAI-generated content may be incorrect.] Photo: Esa Siltaloppi
SSAB supplied JTK with approximately four tonnes of SSAB Zero™ steel produced using fossil-free energy and recycled steel.
SSAB Zero™ steel, manufactured in an electric arc furnace from recycled steel, reduces the steel's CO₂ equivalent emissions by up to 77% compared to SSAB's blast furnace-produced hot-rolled steel. This material choice cuts the emissions of...
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28.01.26 - 07:30
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Year-end report 2025 (Cision)
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The fourth quarter
· Revenue was SEK 22,106 (23,615) million
· Operating result was SEK 756 (487) million
· Earnings per share were SEK 0.44 (0.48)
· Net cash was SEK 11.6 (17.8) billion
· The Board proposes a dividend of SEK 2.00 (2.60) per share for the financial year 2025
Comments by the CEO
SSAB's operating result for the fourth quarter of 2025 amounted to SEK 756 (487) million, representing an increase of SEK 269 million compared to the previous year, mainly driven by an improved operating result from SSAB Americas. The quarter was impacted by SEK 1,020 (690) million...
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22.01.26 - 09:06
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SSAB and Rheinmetall sign agreement for fossil-free steel deliveries (Cision)
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SSAB and German defense and technology company Rheinmetall have signed a letter of intent for the supply of fossil-free steel. This marks a significant milestone, as Rheinmetall becomes the first defense equipment manufacturer to adopt decarbonized steel in its production - paving the way for a new generation of sustainable products.
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Rheinmetall is a leading global systems supplier in the defense sector and a key innovator in civilian technologies. The collaboration will begin with deliveries of SSAB Zero™, with volumes increasing over time. Future deliveries will also include...
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21.01.26 - 16:45
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Should Value Investors Buy SSAB (SSAAY) Stock? (Zacks)
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks....
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14.01.26 - 14:01
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Invitation to SSAB′s briefing of the Year-end report 2025 (Cision)
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SSAB invites you to a presentation of the Year-end report of 2025 at 9.30am CET on Wednesday, January 28, 2026. The report will be published at approximately 7.30am CET on the same date.
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The report will be presented by SSAB's President and CEO Johnny Sjöström, and CFO Leena Craelius.
The press conference will be held in English and live webcast on SSAB's website www.ssab.com.
Link to webcast: https://edge.media-server.com/mmc/p/66owuqpm
You can also participate in the briefing by telephone. Click on the link below and complete the online registration form. You can choose...
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18.12.25 - 15:36
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Tibnor signs agreement with Ovako to acquire Ovako Metals Oy Ab (Cision)
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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.
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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...
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18.12.25 - 15:01
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Tibnor signs agreement with Ovako to acquire Ovako Metals Oy Ab (Cision)
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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.
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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...
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17.12.25 - 09:01
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Changes in Ruukki Construction leadership team (Cision)
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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...
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16.12.25 - 07:42
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Tom Cox appointed new Head of SSAB Americas (Cision)
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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.
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“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...
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10.12.25 - 08:54
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SSAB Expands Strenx® Certified Fabricator Network to the Netherlands (Cision)
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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...
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27.11.25 - 09:00
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Balco Group appoints Jani Backlund as new Managing Director of Riikku Rakenteet Oy (Cision)
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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...
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21.11.25 - 09:00
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Land and Environment Court of Appeal Confirms Permit for New Steel Plant in Luleå (Cision)
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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.
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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...
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