SSAB Americas

SSAB is the largest producer and supplier of carbon plate in North America, with a market share of approximately 30% in 2023. SSAB maintains a strong market position in the energy and heavy transport market segments. The US accounts for about 85% of sales, Canada 10% and Latin America 5%.

There is a significant need to reinvest in infrastructure in North America. This means several end-user segments, such as heavy fabrication and construction equipment, are expected to improve. Also, demand from wind energy is expected to remain positive, and the outlook for investment in line pipe projects going forward is also favorable.

SSAB Americas manufactures a wide range of quality steel plate products including advanced high-strength steels that are used in various industries. SSAB Americas sells products both directly to end customers and to steel service centers.

SSAB Americas’ main customer segments:

• Energy
• Heavy transport
• Construction
• Infrastructure
• Heavy equipment

SSAB Americas produces heavy plate and coils. SSAB Americas’ steel is 100% recyclable and is made from 99% recycled materials. The durability and high strength of plate and coil produced by SSAB Americas means it lasts a long time, adding years to the lifecycle of products made using SSAB Americas’ steel and reducing customers’ carbon footprint. This long-lasting steel is used for applications such as transportation, where end users can enjoy reduced fuel consumption, and in the energy sector, contributing to the transition to, more renewable energy resources like wind power.

In 2023, SSAB’s Iowa facility became the first in the world to produce SSAB Zero^TM, made from recycled steel. It has near zero CO2 emissions during steel production, without mass balancing allocation of CO2 emission reductions or carbon emission offsetting.