SSAB has entered into an agreement to acquire Abraservice Holding, which provides wear parts and complete solutions in quenched and tempered steels (Q&T). Abraservice is currently part of the French-owned Jacquet Metal Service Group. Abraservice had net sales of around SEK 800 million in 2018. The acquisition supports SSAB’s strategic target of global leadership in Q&T and advanced high-strength steels as well as providing leading value-added services.
Thanks to a new design using high-strength, high-performing Strenx® steel, KCP’s trucks have lost about 650 kilograms, extended the reach of their pump booms, and become 5-10% lighter than most of their competitors’ products.
After becoming a certified member of the Hardox® In My Body program, JK Technology from South Korea has seen its sales soar. Their “smart” scrap grab in particular has become its most popular product and successfully competes with other products made in lower-carbon cast steel.