SSAB AB - Company Profile
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Business Description
SSAB AB (SSAB) is a provider of advanced high strength steels (AHSS) and quenched & tempered steels (Q&T), strip, heavy plate and tubular products. The company markets steel under the brand names Hardox, Strenx, Docol, GreenCoat, Armox, COR-TEN, Toolox, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and SSAB Multisteel.
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R&D Overview
SSAB's R&D initiatives focus on continuous and focused R&D in high-strength steels, emphasizing close collaboration and understanding of customer and end-user needs. The company aims to introduce new steel products, application possibilities, and services, while also developing production processes and building a strong product portfolio. SSAB strives for effective resource use in steel production and usage, with R&D activities aimed at making SSAB products the first choice for customers worldwide. The company collaborates with academic partners, universities, and research institutes, and invests in research, technical customer support, and joint innovation initiatives. The R&D units of the company are located in Borlange and Oxelosund (Sweden), Raahe and Hameenlinna (Finland), and Montpelier (Iowa, US). In FY2025, the company incurred expenses of SEK479 million on R&D, which as a percentage of revenue stood at 0.5%.
Business Segments
Overview
Produces steel plates and coils in North America. -Operates production sites in Montpelier, the US.
Performance
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Overview
-Offers strip, plate and tubular steel products. -SSAB Europe operates production sites in Borlange, Sweden; Hameenlinna, Finland; Lulea, Sweden; and Raahe, Finland. -Offers the brand names: Docol, GreenCoat, Laser, and Weathering. -Offers to the industries of energy, automotive, heavy transportation, building construction and infrastructure. Its strategy focuses on consistently boosting shipments of premium products and advanced high-strength steel (AHSS) for the automotive sector.
Performance
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Overview
Produces advanced high-strength steels (AHSS) and quenched & tempered steels (Q&T). SSAB Services, a sub-segment of SAAB Special Steels offers products and services to machine builders and after-market businesses. -Operates through brands such as Hardox, Strenx, Armox, and Toolox. -Offers steels to various markets including heavy transport, construction material and material handling companies.
Performance
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Overview
Offers building and construction solutions. Ruukki offers steel products, as well as profiled products such as load-bearing sheets and roofing products for residential construction. Serves clients in residential and non-residential markets.
Performance
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Overview
Distributes steel and non-ferrous metals in the Nordic and Baltic regions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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