SSAB is a leading producer of high strength steel. The company has a 6 million tonne capacity for crude steel. The company’s sale of niche products – the high strength steels – amounts to approximately 38% of the total sales. The goal is to increase the portion of high strength steels to 50% by 2015. The remaining sales volumes are ordinary steel products. SSAB has production plants in Sweden and the U.S.A. There is also a capacity to process and finish the various steel products in China. In Sweden, the production is integrated in a blast furnace process. In the U.S., it is scrap-based production in electric arc furnaces.
SSAB employs approximately 9 000 persons in 45 countries. In 2012, SSAB sales amounted to almost SEK 38.9 billion (38,923,000 ,000 Swedish krona).
High strength steel made by SSAB is sold all over the world. The high strength steels contribute to lighter weight of the end product, as compared to the use of ordinary steel. High strength steels also increase strength and longevity. SSAB markets high strength steel under the trademarks Domex, Docol, Prelaq, Hardox, Weldox, Armox, and Toolox.
SSAB is the leading player its domestic markets, the Nordic region and North America. SSAB is the largest manufacturer of strip products in the Nordics and the leading supplier of steel plate in North America.
SSAB activities are divided among three geographic business regions:
• SSAB EMEA – Europe, Middle East, and Africa
• SSAB Americas – North America and Latin America
• SSAB APAC – Asia, Australia, and New Zealand.
The steel distributor Tibnor is a wholly owned subsidiary of SSAB.
SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm.