Since Acoplados Salto started to use SSAB’s Strenx® performance steel and Hardox® wear plate in the trailers it manufactures, customer satisfaction has increased considerably. Acoplados Salto has seen a 30 percent boost in sales, and demand keeps growing.
SSAB has had a 25% shareholding in Heléns Rör AB in Sweden since 1991, with BENTELER International AG being the majority shareholder with 75% of the shares. SSAB has now divested its 25% shareholding to Benteler.
SSAB AB has successfully issued senior unsecured bonds in the total amount of SEK 2000m under its EUR 2bn EMTN programme, dated 12 June 2019. The new bonds are due in June 2024 and the fixed tranche carries a coupon of 2,75% and the floating tranche a coupon of 3mS+270bps. The transaction generated strong interest from investors and the issue was oversubscribed. The proceeds will be used for general corporate purposes.