Craft

SSAB

Stock Price

KR49.8

2024-08-29

Market Capitalization

KR49 B

2024-08-29

Revenue

KR119.5 B

FY, 2023

SSAB Summary

Company Summary

Overview
SSAB (formerly known as Svenskt Stål) is a steel company specializing in high-strength steel and related services. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched, tempered, and advanced high-strength steels. The SSAB Europe segment manufactures strip, plate, and tubular products. The SSAB Americas segment focuses on steel plates and coils. The Tibnor segment distributes steel and other metals and provides processing and parts production services. The Ruukki Construction segment produces steel roofs, rainwater systems, accessories for residential construction, sandwich panels, load-bearing sheets, frame solutions, bridges, and facade cladding and provides design and installation services.
Type
Public
Status
Active
Founded
1878
HQ
Stockholm, SE | view all locations
Website
https://www.ssab.com/en
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Martin Lindqvist

    Martin Lindqvist, President, CEO, Board Member

  • Martin Pei

    Martin Pei, Executive Vice President and CTO

  • Leena Craelius

    Leena Craelius, Executive Vice President and Chief Financial Officer

  • Charles Schmitt

    Charles Schmitt, EVP & Head of SSAB Americas

Operating MetricsView all

Suppliers

20K

FY, 2021

Countries

50

FY, 2022

Steel Shipments (SSAB Special Steels), tonnes

1.4M
5.4%

FY, 2022

LocationsView all

68 locations detected

  • Stockholm, Stockholms län HQ

    Sweden

    Klarabergsviadukten 70, D6

  • Houston, TX

    United States

    5775 North Sam Houston Pkwy W #250

  • Mobile, AL

    United States

    11 N Water St

  • Moon Township, PA

    United States

    300 Corporate Center Dr Suite #100

  • Muscatine, IA

    United States

    1770 Bill Sharp Blvd

  • Roseville, MN

    United States

    2500 West County Road B

and 62 others

SSAB Financials

Summary Financials

Revenue (Q2, 2024)
kr28.3B
Gross profit (Q2, 2024)
kr5.8B
Net income (Q2, 2024)
kr2.4B
Cash (Q2, 2024)
kr23.9B
EBIT (Q2, 2024)
kr3.0B
Enterprise value
$34.9B

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