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SSAB

Latest News

SSAB Investing in Use of Liquefied Natural Gas

22 December 2014 - SSAB is participating in Manga LNG Oy’s liquefied natural gas (LNG) terminal project to be built in Tornio in the north of Finland.

Belaz Wins Swedish Steel Prize 2014

24 November 2014 - This year’s winner of the international Swedish Steel Prize is Belaz from Belarus. The prize was awarded for the company’s innovative and new construction for axle suspension and slewing bearings for the world’s largest dump truck. The new construction takes full advantage of the properties of high-strength steel.

SSAB Announces 2014 Swedish Steel Prize Finalists

18 November 2014 - New, innovative solutions, high quality and increased competitiveness characterize this year’s four finalists for the Swedish Steel Prize, the winner of which will be announced at a ceremony in Stockholm, Sweden on 20 November 2014.

SMS Siemag to Revamp SSAB Converter Shop

28 October 2014 - SSAB Luleå, Sweden, has awarded SMS Siemag the contract for the revamp of the converter shop and related environmental technology.

SSAB Prelaq GreenCoat™ Now Available with High-Strength Steel

24 October 2014 - SSAB announced that the environmentally friendly pre-painted coating GreenCoat is now available with high-strength steel.

SSAB Launches Unique Steel with Guaranteed Flatness after Laser Cutting

22 October 2014 - SSAB's Laser Plus is a totally new generation of steels for laser cutting that comes with unique guarantees: maximum flatness deviation of 3 mm/m after laser cutting and bending radius of 0–1.5 x the material thickness.

SSAB Introduces New AHSS Grade for the Automotive Industry

20 October 2014 - With the new Docol 1700 M, SSAB offers automakers worldwide a new high-strength structural steel for safer, lighter and more fuel-efficient cars with improved environmental performance. The new grade is appropriate for a range of applications including energy-absorbing details in bumpers.

SSAB Announces 2014 Swedish Steel Prize Finalists

14 October 2014 - New and innovative solutions, high quality and increased competitiveness characterize this year’s four finalists for the Swedish Steel Prize.

SSAB Making Moves to Lead Industry in Profitability

06 October 2014 - SSAB held its Capital Markets Day in Stockholm on 1 October 2014. SSAB is aiming to be one of the most profitable steel companies by developing its unique product and service offering within high-strength steels globally, and by improving efficiency in its production, distribution and sales of top-quality steel on the home markets in the Nordic region and the U.S.

SSAB Appoints President of Merox AB, Who Will Also Assume Group’s Sustainability Work

02 September 2014 - SSAB is creating a new Group-level role with operational responsibility for the subsidiary Merox AB, and a coordinating role in respect of the company’s sustainability work.

Change of CEO Announced at Rautaruukki

28 August 2014 - Rautaruukki's new Board of Directors has appointed Olavi Huhtala, EVP and head of SSAB Europe, as Rautaruukki's new chief executive officer with effect from 1 September 2014. He will serve as CEO in addition to his own position.

SSAB Reports Positive H1 Results, Provides Outlook for Remainder of Year

25 July 2014 - SSAB said it expects its North American operations to continue to develop positively during the second half of 2014, driven by an improved market and positive effects of previous price increases.

SSAB Seeking Nominations for Swedish Steel Prize for High-Strength Steel Design

24 July 2014 - For the 16th time, the Swedish Steel Prize will be awarded to innovative companies for design and construction in high-strength steels. The aim of the prize is to inspire and increase knowledge about high-strength steels and the possibilities they provide to develop lighter, safer, and more environmentally-friendly products.

SSAB Announces Future Group Executive Committee and Divisional Structure

15 July 2014 - SSAB announced the future Group Executive Committee and divisional structure to be effective from 1 September 2014, pending the closing of the share exchange offer to Rautaruukki’s shareholders announced on 22 January 2014.

European Commission Approves Merger of SSAB and Rautaruukki

14 July 2014 - Today, SSAB has received the required regulatory competition approval from the European Commission for the combination of SSAB and Rautaruukki Corp.

SSAB Considers Expanding Iowa Facility

20 June 2014 - The potential expansion would increase melting and casting capabilities by up to 1.2 million tons above current melting capacity. This represents roughly an additional 800,000 tons per year of finished product along with 400,000 tons of melting capacity to be transferred as slab to SSAB’s Mobile facility for rolling and finishing.

SSAB Announces Change in Group's Executive Committee

26 May 2014 - SSAB’s executive vice president & head of Business Area SSAB EMEA, Melker Jernberg, is to leave SSAB on 1 November 2014 to take up the position of president and CEO at Höganäs.

SSAB and Hexicon In Agreement to Develop Floating Platforms for Wind Power

15 May 2014 - SSAB is entering into an agreement with Hexicon AB to develop far off shore platforms.

SSAB 'Cautiously Positive' for the Steel Market in 2014

25 April 2014 - SSAB president and CEO Martin Lindqvist commented on the performance of the company in the first quarter of 2014:

STEC-Roll from SMS Siemag Optimizes Casting Process at SSAB Iowa

22 April 2014 - For its continuous slab caster in Montpelier, Iowa, SSAB ordered twelve STEC roll lines from SMS Siemag for use in the casting bow.

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