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SSAB
Latest News
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.
NLMK Group Opens Trade Office in Brazil
01 January 2015 - NLMK Group announced the opening of its trade office in São Paolo, Brazil, and a logistics office in São Francisco do Sul, Brazil.
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.
