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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.
