Articles

Lift your business with Strenx®

October 08, 2015 0:00 CEST 6 min read

Strenx® steel is setting a new standard in high performance for the lifting sector

Strenx® aims to set a new standard in high-strength, high-performance steel. Specially manufactured for customers who expect the best in terms of performance, quality and strength, it meets the needs of the lifting sector for strong and safe yet light and sustainable structures.

Strenx® steel can make lifting equipment more competitive through increased reach, both upwards and outwards. Smart design utilizes its high yield strength to achieve greater performance without compromising on the high levels of personal safety required by lifting equipment. This can be done without making the complete unit too heavy for the roads it travels on.

From 600 to 1300 MPa

Strenx® steel brings great benefits – lower weight, reduced fuel consumption and higher reach – to demanding lifting applications.

It delivers one of the world’s widest ranges of structural steels in terms of strength and dimensional range, at 600 to 1300 MPa. It also comes in a variety of thicknesses, from 0.7 to 160 mm. With its superior workshop properties that allow for bending and forming into demanding shapes, it opens possibilities for innovative, advanced designs. And its consistent quality and high tolerances help contribute to accurate, cost-efficient production.

Strenx® steel grades offer thicknesses from 0.7 to 160 mm and strength levels of 600-1300 MPa.

Design and production efficiency can reach new levels when pre-bent parts, open sections or hollow sections are used in metal construction. The great variety of steel sections gives good rigidity and enables optimization.

A workshop wonder

Both workshop and mechanical properties are the result of rigorous product and process development that aim to meet the everyday demands of designers and lifting equipment alike. The built-in properties of Strenx® steel grades help boost workshop efficiency, cut total production time and ensure a smooth production flow.

Contact our Services team to find the right combination of design, material choice and processing method that will help your products perform.

Jan 27 2023

Goodwill impairment during the fourth quarter

SSAB makes an impairment charge of SEK 33.3 billion related to the Group’s total goodwill of SEK 33.6 billion. The impairment is reported as an item affecting comparability in the fourth quarter of 2022 and does not affect cash flow. SSAB has a strong financial position and the ability to pursue its dividend policy is unaffected.

Jan 27 2023

Year-end report 2022: Record full-year earnings

The fourth quarter · Revenue was SEK 30,138 (27,337) million · Adjusted operating result was SEK 3,768 (6,961) million · Adjusted earnings per share were SEK 3.18 (5.30) · Goodwill impairment of SEK 33.3 billion, reported as an item affecting comparability · Net cash was SEK 14.3 (2.3) billion · The Board proposes a dividend of SEK 8.70 (5.25) and given SSAB’s strong financial position, an authorization to buy back up to 10% of all outstanding SSAB shares will be proposed to the AGM Full-year 2022 · Revenue was SEK 128,745 (95,891) million · Operating result was SEK -4,355 (18,837) million including the goodwill impairment of SEK 33.3 billion and adjusted operating result was SEK 29,283 (18,837) million · Earnings per share was SEK -10.57 (14.24) and adjusted earnings per share was SEK 22.38 (14.24)

Jan 25 2023

The year starts with SSAB's annual Steel Pile Day

Foundation construction industry professionals gathered on 19th January 2023 at SSAB's Steel Pile Day in Pasila, northern Helsinki. The event brought together approximately 300 contractors, designers, equipment manufacturers, authorities, students, and a large number of other people who were interested in the field.