SSAB has today March 18, 2024 published its Annual Report and the Corporate Governance Report 2023.
During the period 13 - 17 November 2023, SSAB AB (publ) (LEI 529900329VS14ZIML164) has repurchased in total 2,145,000 own shares, of which 515,000 shares of series A (ISIN: SE0000171100) and 1,630,000 shares of series B (ISIN: SE0000120669), as part of the share buy-back program initiated by the Board of Directors with the purpose to adjust the company’s capital structure so as to create greater value for the company’s shareholders.
SSAB teams up with GE Vernova Onshore Wind to supply SSAB Zero™ steel for onshore wind towers in North America.
Ruukki Construction, part of the SSAB Group, is partnering with Honkarakenne to pilot the use of SSAB fossil-free steel in roofing products. The first-ever roof made of fossil-free steel will be installed on a Honka log house in Klaukkala, Finland. The piloting is part of Ruukki's efforts to take the construction industry towards carbon-neutral buildings.
SSAB and Fortum have concluded the FEED study which the companies launched in June 2023. The study had explored the possibilities of making hydrogen-reduced sponge iron also in Raahe, Finland. The two parties agree that it is not possible to find a commercial arrangement that would work for both of them given the existing preconditions, and the FEED study has consequently concluded.