SSAB faces weak steel markets and lower cash flows just as it prepares for a major €4.5B investment in its Lulea plant. Special Steels division remains a bright spot, with high EBITDA margins offsetting weaker performance in Europe and Americas segments. Management is optimistic for Q2, expecting higher shipments and prices, which should boost free cash flow by 10-15%.
SSAB (SSAAY) possesses solid growth attributes, which could help it handily outperform the market.
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| Metals & Mining Industry | Materials Sector | Mr. Johnny Sjöström CEO | OTC PINK Exchange | US78467D1037 ISIN |
| SE Country | 14,637 Employees | 2 May 2025 Last Dividend | - Last Split | - IPO Date |
SSAB AB (publ) is a leading steel producer with operations spanning globally, including in Sweden, Finland, Europe more broadly, the United States, and several other international markets. It operates through five distinct segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. Each segment caters to different markets and customer needs, ranging from advanced high-strength steels to energy-efficient building solutions. The company was founded in 1878 and has its headquarters in Stockholm, Sweden. SSAB AB is recognized for its innovation in steel production, focusing on high-quality and sustainable steel products and solutions across a wide range of industries.
Offers quenched and tempered steels, along with advanced high-strength steel products well-suited for demanding applications in steel and plate production. These steels are designed to deliver superior strength and durability in challenging environments.
Provides strip, heavy plate, and tubular products. This range ensures versatility and meets the broad needs of customers across the heavy transport, construction, and infrastructure sectors with high-quality European-made steel.
Focused on the sale of heavy plates in North and South America, this segment addresses the needs of steel and plate production with products known for their reliability and performance in harsh conditions.
Distributes a comprehensive range of steel and non-ferrous metals across the Nordics and Baltics. Tibnor caters to a diverse clientele, offering both products and services that ensure clients have access to the materials they need for their operations.
Specializes in producing and selling energy-efficient building and construction solutions. By focusing on sustainable development, Ruukki Construction supports environmental initiatives through their innovative and energy-saving products.
SSAB markets its extensive portfolio of steel products under several brands, including Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB AM, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering, Cor-Ten, and SSAB Multisteel. These brands are known for their exceptional quality and are used in a variety of industries from heavy transport to energy, reflecting SSAB's commitment to innovation, sustainability, and customer satisfaction.