Summary
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SSAB AB ser. A Profile
| Metals & Mining Industry | Materials Sector | Mr. Martin Lindqvist Eng., M.B.A. CEO | LSE Exchange | SE0000171100 ISIN |
| Sweden Country | 14,632 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
SSAB AB (publ) is a global leader in steel production, with operations spanning across Sweden, Finland, the rest of Europe, the United States, and internationally. Founded in 1878 and headquartered in Stockholm, Sweden, the company serves a wide array of markets through its diversified portfolio. SSAB AB operates through five distinct segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. These divisions work in tandem to offer an extensive range of steel products and services, catering to the diverse needs of customers in heavy transport, building construction and infrastructure, industrial applications, construction machinery, energy, and material handling markets.
Products and Services
- SSAB Special Steels: This segment specializes in providing quenched and tempered steels, along with advanced high-strength steel products. The acclaimed quality of these steels ensures they meet the rigorous demands of applications requiring exceptional strength and durability.
- SSAB Europe: Offers a variety of steel products, including strip, heavy plate, and tubular products. SSAB Europe caters to the broad needs of the European market with its high-quality, versatile steel solutions tailored for a wide range of applications.
- SSAB Americas: Focuses on the production and sale of heavy plates, specifically designed for the steel and plate production industry. These heavy-duty products are essential for markets requiring robust materials that can withstand challenging conditions.
- Tibnor: The Tibnor segment takes a comprehensive approach to distribution, providing not only a wide range of steel but also non-ferrous metals throughout the Nordics and Baltics. This division supports the supply chain needs of numerous industries with its vast selection of materials.
- Ruukki Construction: Dedicated to producing and selling energy-efficient building and construction solutions, Ruukki Construction emphasizes sustainability and innovation. Their offerings are targeted towards modernizing and improving the efficiency of construction processes and outcomes.
SSAB markets its steel products under multiple brands, including Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering, Cor-Ten, and SSAB Multisteel. Through these brands, the company promises quality and reliability across a multitude of applications, ranging from advanced manufacturing processes to critical structural solutions.
