SSAB AB - Company Profile
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Business Description
SSAB AB (SSAB) is a provider of advanced high strength steels (AHSS) and quenched & tempered steels (Q&T), strip, heavy plate and tubular products. The company markets steel under the brand names Hardox, Strenx, Docol, GreenCoat, Armox, COR-TEN, Toolox, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and SSAB Multisteel. It serves various industries such as automotive, building, heavy transport, construction building, infrastructure, construction machinery, marine energy and transportation. The company operates in Europe, the Middle East/Africa (EMEA), the Americas, and Asia-Pacific.
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R&D Overview
SSAB focuses on investing in new technology to develop high-performance and energy-efficient products. The company’s R&D focuses on product development, process development and customer applications. The company particularly focuses on developing advanced high-strength steels and wear steels. It also focuses on material recycling, optimum utilization of resources, and production processes. SSAB has developed various products through R&D, it launched Hardox HiAce, which has applications in garbage trucks, waste-to-energy plants, sawmills and paper mills. It has also developed Strenx, structural steel; automotive steels, protection steels, and colour-coated steels. The company operates R&D centers in Borlange and Oxelosund, Sweden; Raahe and Hameenlinna, Finland; and Iowa, the US. The company spent SEK360 million on R&D, which was 0.3% of the company’s revenue in FY2022.
Business Segments
Overview
Offers building and construction solutions. Ruukki offers steel products, as well as profiled products such as load-bearing sheets and roofing products for residential construction. Serves clients in residential and non-residential markets.
Performance
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Overview
Produces steel plates and coils in North America. -Operates production sites in Montpelier, the US.
Performance
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Overview
-Offers strip, plate and tubular steel products. -SSAB Europe operates production sites in Borlange, Sweden; Hameenlinna, Finland; Lulea, Sweden; and Raahe, Finland. -Offers the brand names: Docol, GreenCoat, Boron, Domex, Form, Laser, Weathering and Multisteel. -Offers to the industries of energy, automotive, heavy transportation, building construction and infrastructure.
Performance
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Overview
Produces advanced high-strength steels (AHSS) and quenched & tempered steels (Q&T). SSAB Services, a sub-segment of SAAB Special Steels offers products and services to machine builders and after-market businesses. -Operates through brands such as Hardox, Strenx, Raex, Toolox, and Armox. -Operates production site Oxelosund, Sweden and a mobile production site in Alabama, the US. -Offers steels to various markets including heavy transport, construction material and material handling companies.
Performance
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Overview
Distributes steel and non-ferrous metals in the Nordic and Baltic regions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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