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SSAB
Latest News
SSAB Announces 2012 Results and 2013 Outlook
11 February 2013 - As SSAB reported its results for 2012, CEO Martin Lindqvist commented on market conditions and expectations for the coming year, noting that the weak trend in order inflow pertains particularly to the European market, but North American and Asian customers also adopting a wait-and-see approach.
SSAB Releases New Welding Guide for AHSS/UHSS Steels in the Auto Industry
22 January 2013 - In another step to address the growing demand for AHSS/UHSS steels in the automotive industry, SSAB has released a unique and highly detailed guide to welding with AHSS/UHSS steels.
SSAB Announces Change in Group Executive Committee
09 January 2013 - SSAB’s chief technical officer KG Ramström is to leave his position. Work on recruiting a successor has already begun.
SSAB Announces Price Increases
05 December 2012 - SSAB EMEA is raising its prices for hot rolled, cold rolled and galvanized coil, as well as heavy plate, by at least SEK 300 (US$45) per tonne for orders acknowledged after 5 December 2012.
SSAB Awards 2012 Swedish Steel Prize to New Zealand Company
22 November 2012 - SSAB announced the Swedish Steel Prize has been awarded to A-Ward Attachments Ltd. of New Zealand, which designed a flexible system using high-strength steel which compresses and packs metallic scrap in containers.
SSAB Dedicates New Q&T Line in Alabama
07 November 2012 - SSAB recently dedicated its newest queching line, a $300 million line in Axis, Ala., which will produce 220,000 tons per year of ultra high-strength steels.
SSAB Reports Operating Loss for Third Quarter 2012
24 October 2012 - Sweden-based steelmaker SSAB says that, despite a tough market, it is continuing to pursue an increasing number of development projects, as it reported its third quarter earnings results.
SSAB Gives Notice of Redundancy Regarding 450 Employees
12 October 2012 - SSAB has today given notice of redundancy affecting 450 employees in the Swedish operations. The measures constitute part of the previously announced efficiency program within SSAB EMEA.
SSAB Announces 2012 Swedish Steel Prize Finalists
05 September 2012 - The winner of the 2012 Swedish Steel Prize will be announced on 15 November; four finalists have been chosen for their innovations for the packaging and transportation of metallic scrap, light and sustainable train seats, a truck suspension system, and a timber transportation vehicle called forwarder.
SSAB Reports Lower Sales and Profit as Global Economic Growth Slows
26 July 2012 - SSAB says economic uncertainty in Europe, slowing growth in China, and a weakening U.S. economic recovery combined to dampen steel demand during the second quarter of this year.
TMK Completes Transaction to Acquire IPSCO U.S. Assets
13 June 2008 - TMK, one of the world’s largest oil and gas pipe producers, today announces that it completed the acquisition of the U.S. companies and assets of IPSCO Tubular’s business from SSAB Svenkst Stal AB under a back-to-back transaction with Evraz S.A. (Evraz).
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