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SSAB

#2870

Rank

$4.69B

Marketcap

SE Sweden

Country

SSAB
Leadership team

Mr. Martin Lindqvist Eng., M.B.A. (Pres, CEO & Director)

Ms. Leena Craelius (CFO & Exec. VP)

Mr. Martin Pei Ph.D. (Exec. VP & CTO)

Products/ Services
Manufacturing, Mining
Number of Employees
1,000 - 20,000
Headquarters
Stockholm, Stockholms Lan, Sweden
Established
1978
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SSAB-B.ST
Social Media
Overview
Location
Summary
SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and hot-rolled advanced high-strength steel products. The SSAB Europe segment provides strip, plate, and tubular products. The SSAB Americas segment offers heavy steel plates. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordic region and the Baltics. The Ruukki Construction segment produces and sells building and construction products and services for residential and non-residential construction. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel brands. It serves the heavy transport, construction, automotive, industrial, construction machinery, energy, material handling, and service center industries. The company has a collaboration agreement with Faurecia S.E. to deliver fossil-free steel for automotive seat structures. SSAB AB (publ) was founded in 1878 and is headquartered in Stockholm, Sweden.
History

The headquarters are in central Stockholm. SSAB initially saw losses during the years 1978 to 1981, and became profitable in 1982. It is involved in the production of steel and steel products, both standardized and specialized for various fields and uses. In addition to steel production, the company also partners with design firms during their execution of architectural projects. Its R&D department works with customers in order to provide custom solutions for new projects. In 2014 SSAB became a member of the four year pilot program organization “Steel Eco-System” sponsored by the Swedish government. In November 2017 the company has a market cap of $35.55 billion, and is traded on the Stockholm NASDAQ exchange. The company is also the sponsor of the SSAB's Swedish Steel Prize. SSAB's operations which include the SSAB Special Steels, SSAB Europe, and SSAB Americas, and its subsidiaries Ruukki Construction and Tibnor. SSAB's offering includes such brands as SSAB Domex, Hardox, Docol, GreenCoat, Armox and Toolox.In 2021, SSAB produced the first steel manufactured without the use of fossil fuels. Created with a process using hydrogen instead of traditional methods that require the coking process, the first fossil-free steel was delivered to Volvo on a trial basis.

Mission
Our mission is to help our customers succeed in the changing world ofsteel. We pledge to provide solutions that make our customers more competitive and that meet their needs with speed and integrity.
Vision
Our vision is to become the global leader in the steel industry by anticipating our customers’ needs and providing innovative products and excellence in customer service.
Key Team

Mr. Per Hillström (Head of Investor Relations)

Mr. Jonas Bergstrand L.L.M., LLM (Exec. VP, Head of Legal, M&A and Procurement and Sec.)

Ms. Christina Båge-Friborg (Exec. VP and Head of Sustainability, Ethics, Compliance, Health & Safety)

Ms. Mia Widell (Head of Press Relations & Corp. Communications)

Ms. Maria Langberg BSc, MBA (Exec. VP of People, Culture & Communication)

Dr. Steven Hansen (VP & Chief Technical Officer of SSAB Americas)

Mr. Tim Wensits (Chief Information Officer & VP of SSAB NAD)

Recognition and Awards
SSAB is recognized among the world’s most sustainable companies, as named in the globally recognized Dow Jones Sustainability Index. The company has also been named one of the most innovative companies in the steel industry by Platts Global Metals Awards.
References
SSAB
Leadership team

Mr. Martin Lindqvist Eng., M.B.A. (Pres, CEO & Director)

Ms. Leena Craelius (CFO & Exec. VP)

Mr. Martin Pei Ph.D. (Exec. VP & CTO)

Products/ Services
Manufacturing, Mining
Number of Employees
1,000 - 20,000
Headquarters
Stockholm, Stockholms Lan, Sweden
Established
1978
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SSAB-B.ST
Social Media