SSAB's value chain

SSAB’s value creation model describes how value is created through our business model for SSAB and our stakeholders. Using HYBRIT technology, SSAB aims to be the first steel company in the world to bring fossil-free steel to the market in 2026. With the help of fossil-free steel and a fossil-free value chain, SSAB will reduce the carbon footprint in the steelmaking process and thus help other sectors such as Automotive, Heavy Transport and Construction to become fossil-free from a lifecycle perspective.

SSAB strives to integrate sustainability into its culture since the company’s endeavors depend on every employee’s contribution. Every activity undertaken is guided by:

• Our vision and values
• The principles of our management philosophy SSAB One
• Management systems such as our Health & Safety Policy and Environmental Policy
• Our Code of Conduct

Sourcing

The raw materials used to make iron and steel account for SSAB’s most significant purchases. Suppliers must comply both with SSAB’s own policies and with international socialand environmental guidelines.

Production

Operational efficiency, flexibility, environmentally-sound technology and safe work environments are the core of SSAB’s production.

Transportation

SSAB’s business is dependent on efficient transportation throughout all the stages of the value chain. SSAB focuses on minimizing our environmental footprint through timely transportation and minimized fuel consumption.

Sales

SSAB has an extensive global sales network, which enables close collaboration with customers.

Use

Through the use of SSAB’s high-strength steels, customers are able to manufacture products which use less material, are stronger, lighter and more durable, and reduce costs, thus making customers and their products more competitive.

Recycling

Steel is a unique material that retains its properties no matter how many times it is recycled. Using recycled steel in steel production increases material efficiency and reduces CO₂ emissions.

Economic value created and distributed to stakeholders

• Payments to suppliers of raw materials, goods and services
• Employee wages and benefits
• Dividends, interest payments and financial expenses
• Taxes to the public sector
• Donations and sponsored local activities
  
  

Better steel for our customers

• Innovative, sustainable steel applications
• Customers’ improved competitiveness
• Reduced impact on the environment through higher penetration rate of high-strength steels globally; end products made from less raw materials, with lower weight and fuel consumption, increased load capacity and longer lifespans all leading to reduced CO₂ emissions in the use phase
• Improved energy efficiency in buildings
• SSAB aims to bring fossil-free steel to the market in 2026

Resource efficient operations

• More efficient use of natural resources and reduced CO₂ emissions by utilizing residuals and recycled steel as raw materials
• Improved energy efficiency through energy recovery and systematic energy management
• Contribution to climate change mitigation and future fossil-free steel production using HYBRIT technology

Leading sustainability performance

• A safe and healthy work environment for SSAB’s employees and contractors
• Equal opportunities for a diverse and inclusive workforce
• Opportunities for competence and career development for employees
• Responsible business practices throughout the value chain
• Long-term contracts and relationships with suppliers
• Creation of local employment through own operations and local sourcing
• Local sponsorships and internships
• Attracting future employees