SSAB's organization is characterized by a decentralized work method in which responsibilities and powers are, to a large degree, delegated to the respective business areas and subsidiaries.
The Group’s steel operations in 2011 comprised the three geographic business areas: SSAB EMEA (Europe, the Middle East and Africa), SSAB Americas (North and Latin America) and SSAB APAC (Asia, Australia and New Zealand), while trading operations consisted of the subsidiary Tibnor.
SSAB is listed on Nasdaq OMX Stockholm and complies with its rules and regulations and thereby applies the Swedish Code on Corporate Governance (the "Corporate Code").
The corporate governance report for 2011 does constitute a part of the formal annual report documents and has been reviewed by the Company's auditors.