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. Its portfolio of products includes sheets, plates and coils, color coated, metal-coated, tubes and sections, steel pipes and infrastructure products, round bars and piles and infrastructure. The company markets steel products under the brand's names Hardox, Strenx, Docol, GreenCoat, Armox, COR-TEN, Toolox, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and SSAB Multisteel. The company has operations in Europe, the Middle East and Africa, the Americas and Asia-Pacific. SSAB is headquartered in Stockholm, Sweden.

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Headquarters Sweden

Address Klarabergsviadukten 70, D6, Box 70, Stockholm, 10121


Telephone 46 8 4545700

No of Employees 14,565

Industry Metals and Mining

Ticker Symbol & Exchange SSAB A (STO)

Revenue (2022) $11.3B -7.2% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 219.7% (2022 vs 2021)

Market Cap* $6.1B

Net Profit Margin (2022) XYZ 228.8% (2022 vs 2021)

* As of and is in US$
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SSAB AB premium industry data and analytics

4

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for SSAB AB (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on SSAB AB’s likely spend across technology areas enabling you to understand the digital strategy.

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
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In April, the company awarded a contract to NCC to undertake initial work for a new facility in Oxelosund, Sweden.
2024 New Products/Services In March, the company launched emission-free steel powder.
2024 Contracts/Agreements In March, the company was selected by the US Department of Energy for the construction of a manufacturing facility producing HYBRIT fossil-free Direct Reduced Iron with 100% green hydrogen, in Perry, Mississippi, the US.
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Competitor Comparison

Key Parameters SSAB AB ArcelorMittal SA Nippon Steel Corp Nucor Corp Voestalpine AG
Headquarters Sweden Luxembourg Japan United States of America Austria
City Stockholm Luxembourg Chiyoda-Ku Charlotte Linz
State/Province - - Tokyo North Carolina Oberosterreich
No. of Employees 14,565 126,756 106,068 32,000 50,712
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lennart Evrell Chairman Executive Board 2021 68
Martin Lindqvist Chief Executive Officer; President; Director Executive Board 2011 60
Leena Craelius Chief Financial Officer; Executive Vice President Senior Management 2022 51
Martin Pei Executive Vice President; Chief Technology Officer Senior Management 2007 59
Viktor Stromberg Head - Strategy, Information Technology and Digitalization; Executive Vice President Senior Management 2018 49
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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