SSAB

Latest News

Commerce Department Sets Anti-Dumping Duties on Steel Plate

07 November 2016 - The U.S. Commerce Department has set preliminary anti-dumping duties on carbon and alloy cut-to-length plate from China and eight other Asian and European nations.

Commerce Department Proposes Big Countervailing Duty on Chinese-Made Plate

08 September 2016 - The U.S. Commerce Department has set preliminary countervailing duties of 210.5 percent on Chinese-made cut to length plate, ruling that producers there have been benefitting from unfair government subsidies.

SSAB Trims 183 Positions at Swedish Plate Mill

03 June 2016 - Sweden’s SSAB is cutting 183 jobs at its heavy plate mill in Oxelösund, the steelmaker has announced.

SSAB Trims Payroll In Sweden, Pares Office Jobs

02 May 2016 - Swedish steelmaker SSAB has concluded negotiations with employees over proposed layoffs and will cut 262 office jobs from its Nordic operations, the company has announced.

SSAB Revises Portfolio, Adds New Products

18 April 2016 - Sweden’s SSAB is revising its product portfolio, introducing new products and rolling out five new brand families that group products by their use.

Redesigned Forest Harvester Takes Home Swedish Steel Prize

20 November 2015 - Finnish forestry machine maker Ponsse and its next-generation Scorpion harvester have been awarded SSAB’s Swedish Steel Prize.

SSAB Completes Blast Furnace Modernization, Puts New BOF Converter Into Production

11 November 2015 - The first of three new BOF (LD) converters at SSAB Europe’s Raahe, Finland, works has been placed into production, according to the vendor on the project.

SSAB Rolling Out New Advanced Steels

14 October 2015 - SSAB is introducing several new steel grades intended for the automotive industry, the Swedish steelmaker has announced.

U.S. Trade Commission Pursues Cold Rolled Import Investigation

25 September 2015 - Producers from seven countries appear to be selling hot rolled coil at less than market value, undercutting American producers, the U.S. International Trade Commission (ITC) has ruled.

Konecranes Receives Order for Two Large Heavy-Duty Cranes From SSAB Europe

13 July 2015 - Konecranes received an order for two heavy-duty industrial cranes from SSAB Europe in May 2015.

SSAB’s University Challenge Encourages Students to Develop Innovative Applications for High-Strength Steel

09 July 2015 - SSAB’s University Challenge is an opportunity for students to present their ideas for new, innovative solutions using high-strength steels.

SSAB Launches New Sustainability Strategy

26 May 2015 - To increase its focus on sustainability, global steel company SSAB is launching a new sustainability strategy.

SSAB Is Launching Strenx, a New Brand for High-Strength Steels

21 April 2015 - SSAB is launching Strenx, a new high-strength structural steel product brand, which offers the most extensive portfolio of high-strength steels on the market. This will open up new competitive possibilities for customers to make stronger, lighter and more sustainable products.

Tata Steel Completes Acquisition of Nordic Service Centres

02 April 2015 - Tata Steel has completed the acquisition from SSAB of Sweden of two service centres and 50% of a third service centre in which it already owns 50%.

Tata Steel to Acquire Nordic Strip Products Service Centers

25 February 2015 - Tata Steel, Europe’s second largest steel producer, announced the acquisition of three service centers in Sweden, Finland and Norway to strengthen its offering to manufacturers in the Nordic region.

SSAB Receives EC Approval to Divest 50% of the Shares in Norsk Stål AS

11 February 2015 - SSAB has received approval from the European Commission to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS. This transaction is part of the divestment remedies that the European Commission deemed necessary for the combination of Rautaruukki with SSAB. The transaction is still subject to the approval of national competition authorities. This transaction has only a limited impact on SSAB’s financial results. SSAB has earlier divested Plannja Oy in Finland to Metehe Oy.

Ovako Signs Agreement With SSAB to Acquire Tibnor Oy

10 February 2015 - Ovako has signed an agreement with SSAB to acquire steel and metals distributor Tibnor Oy in Finland. The deal has been approved by the European Commission and will now be examined by competition authorities in Finland and Estonia for final approval. The acquisition is expected to have a slightly positive impact on Ovako's operating profit and a slightly negative impact on cash flows for 2015.

SSAB’s New Hardox Tube 500 Range Enables Extreme Wear Resistance for Lighter Products

05 February 2015 - The new Hardox Tube 500 range has been launched by SSAB. The new range provides the same hardness and toughness as Hardox wear plate, but in circular form.

SSAB’s Chairman of the Board to Leave His Assignment in 2015

28 January 2015 - SSAB’s chairman of the Board, Sverker Martin-Löf, has informed the company's principal owner, Industrivärden, that he is not available for re-election at the annual general meeting during the spring 2015 in the listed companies, where he currently holds board assignment.