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January 01, 0001 0:00 CET 6 min read
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GF Engineering’s tippers lasts up to 20 percent longer with Hardox® 500 Tuf steel
With more than 40 years’ experience in tipper manufacturing, GF Engineering is a market leader in the segment in Malaysia. Since making Hardox® 500 Tuf steel its material of choice, its tippers last longer, weigh less and can handle heavier loads than ever before.
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Changes in SSAB’s Group Executive Committee
Jonas Bergstrand, General Counsel at SSAB, has decided to leave SSAB to become General Counsel at Volvo Construction Equipment.
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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.