SSAB's history

SSAB is firmly rooted in local communities and its history is interwoven with the development of the communities around the mills. Since its inception, SSAB has successfully developed into one of the most profitable steel producers in the world today, with a well-defined strategy focused on selected niche segments within high-strength and quenched steels.

In July 2007, SSAB acquired the North American steel producer IPSCO, but SSAB has now sold IPSCO’s tubular operations. SSAB North America is a leading supplier of plate. The operations includes two steelworks – Mobile (Alabama) and Montpelier (Iowa) - as well as three cut-to-length lines. These steelworks have an annual total capacity of about 2.5 million metric tons of crude steel. In SSAB North America, these facilities use steel scrap as its primary raw material. SSAB North America has approximately 1,050 employees.