SSAB’s value chain

Input we use

Financial

  • Average capital employed: SEK 78.0 billion
  • Equity: SEK 73.5 billion
  • Long-term liabilities and provisions: SEK 12.7 billion


People

  • 14,000 employees in more than 50 countries
  • Subcontractors and service providers


Natural resources

  • Iron ore pellets: 7.6 million tonnes
  • Scrap metal: 3.8 million tonnes
  • Coal, coke and other reducing agents:
  • 2.6 million tonnes
  • Fuels: 4,680 GWh
  • Electricity: 4,699 GWh
  • Water: 403 million m3


Infrastructure and networks

  • 5 steel production sites
  • Other production and processing facilities
  • Service centers
  • Customer, stocks and distribution networks


Expertise and reputation

  • Research and development
  • Technical and innovation support
  • Brands and patents


Social/relationship

  • Supplier network with 20,000 suppliers
  • Customer partnership and training
  • Community engagement
  • Industry and government participation


SSAB

Vision

A stronger, lighter and more sustainable world

Values

• Driven, True, Ahead



Output

Products and solutions

  • Crude steel production: 8.2 million tonnes
  • Steel shipments: 6.9 million tonnes
  • Includes:
    • SSAB Special steels: 1.5 million tonnes
    • Automotive premium steels: 649 thousand tonnes
    • Other premium steels: 907 thousand tonnes

Byproducts

  • Residuals utilized internally or externally: 3.9 million tonnes
  • Scrap metal for recycling: 3.8 million tonnes
  • Electricity generated from process gases: 1.3 GWh
  • Heat sold externally: 1.2 GWh


Emissions and waste

  • CO2: 11.6 million tonnes (Scope 1+2), 5.8 million tonnes (Scope 3)
  • Waste: 502 thousand tonnes


How we contribute to society and stakeholders

Creation of economic value

Examples:

  • Payments to suppliers of raw materials, goods and services
  • Employee wages and benefits
  • Dividends, interest payments and financial expenses
  • Taxes


Production of better steel for our customers

Examples:

  • Innovative, CO2-efficient steel applications
  • High-strength steels reduce materials used
  • Development of fossil-free steel


Work on resource efficient operations

Examples:

  • Continuous work on resource efficiency, recycling of steel and energy management
  • Contribution to climate change mitigation through our development of fossil-free steel production


Ambition to be a leader in sustainability performance

Examples:

  • Continuous work on high safety standards and culture
  • Ensuring ethical business practices
  • Focus on equal opportunities for the workforce and an inclusive corporate culture