Infrastructure news

Sluice Langwedel project equipped with SSAB RR® piles in a close cooperation with Johann Bunte

February 10, 2020 11:57 CET 6 min read

SSAB delivered 455 tons of dolphin piles for Sluice Langwedel in Germany

As part of the adaptation of the Mittelweser to the traffic with large motor cargo vessels, the anchoring area of the sluice Langwedel has to be expanded. In the harbors are moorings and the start- and waiting areas in front of the sluice. In order to ensure a sufficient safety distance between the standing and the passing ships, the harbors on the right side are widened. The work will be done by Johann Bunte Bauunternehmung GmbH & Co. KG from Papenburg, business segment Hydraulic Engineering. Construction will continue until mid-2020. Johann Bunte required a wide range of pile dimensions. SSAB was able to cover this demand.

SSAB supplied a total of 456 tons for the footbridge, the moorings, landing places and steering gear (with fender). The delivery consists RR600/17.5; RR750/16.0; RR1000/22.0 and RR1200/17.5. The heaviest dolphins have weight of 12 tons and a length of 22 meters. Especially important for Johann Bunte was the flexible delivery of the piles because the installation was supported by a mobile crane. With project oriented logistic concept, Bunte could order single trucks to site in accordance to the speed of installation.

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.