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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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 |
---|---|---|
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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