SSAB AB - Company Profile
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SSAB AB (SSAB) is a producer of steel. The company produces advanced high strength steels (AHSS) and quenched and tempered steel (Q&T); strip, plate and tubular products; as well as construction solutions and transportation solutions. It offers products including sheets, plates and coils, color coated, metal-coated, tubes and sections, steel pipes and infrastructure products, round bars, piles and infrastructure. The company markets its steel products under the brand's Hardox, Strenx, Docol, GreenCoat, Armox, COR-TEN, Toolox, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and SSAB Multisteel. It has business operations across Europe, the Middle East and Africa, the Americas, and Asia-Pacific. SSAB is headquartered in Stockholm, Sweden.
SSAB AB premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Wear-Resistant Steels | Forming | Hardox |
| Structured and Cold Forming Steels | Laser Welding | Strenx |
| Metal- Coated Coils and Sheets | Shape Cutting | Docol |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company signed a contract with SMS group to construct a new gas atomisation plant at its Oxelosund site in Sweden. |
| 2026 | New Products/Services | In June, the company introduced Armox 500 AM Powder as a new product for additive manufacturing and plans to expand its production facility in Oxelosund, Sweden. |
| 2026 | Contracts/Agreements | In June, the company partnered with Greenbrier and Alter Trading to launch a closed-loop steel recycling initiative in Iowa. |
Competitor Comparison
| Key Parameters | SSAB AB | Nippon Steel Corp | ArcelorMittal SA | Nucor Corp | JFE Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Sweden | Japan | Luxembourg | United States of America | Japan |
| City | Stockholm | Chiyoda-Ku | Luxembourg | Charlotte | Chiyoda-Ku |
| State/Province | Stockholm | Tokyo | - | North Carolina | Tokyo |
| No. of Employees | 14,650 | 113,845 | 125,554 | 33,000 | 61,628 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lennart Evrell | Chairman | Executive Board | 2021 | 72 |
| Johnny Sjostrom | Chief Executive Officer; President | Senior Management | 2024 | 52 |
| Leena Craelius | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 55 |
| Carl Orrling | Chief Technology Officer; Executive Vice President; Head - Transformation Office | Senior Management | 2025 | 54 |
| Per Elfgren | Executive Vice President; Head - SSAB Special Steels | Senior Management | 2024 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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