SSAB is taking part in meetings and seminars in conjunction with the United Nations Climate Change Conference, COP27, which this year is hosted by Egypt. SSAB will, as part of Business Sweden’s delegation, raise the need for enabling regulatory frameworks and a level playing field as well as highlight the importance of partnerships and cross-sector co-operation to reach Paris Agreement targets.
The earthmoving industry is under constant pressure to increase productivity. A lot of this productivity relies on the performance of buckets for excavators and front loaders.
The third quarter · Revenue was SEK 31,516 (25,220) million · Operating profit, excluding items affecting comparability, was SEK 6,742 (5,800) million · Earnings per share were SEK 4.93 (4.35) · Net cash was SEK 8,739 (net debt SEK 3,370) million · Transformation to fossil-free steel production on plan
Comprend ReportWatch's Annual Report on Annual Reports 2022 rated SSAB's Annual Report 2021 second best in their global survey. SSAB's annual report was particularly commended for strategy and operations information, with a good balance between the market and strategy section and business segments. SSAB’s financial statements section is well designed and the appendices well structured.
SSAB, LKAB and Vattenfall's HYBRIT pilot facility for the storage of fossil-free hydrogen gas is now in operation in Luleå. The rock cavern storage facility is the first of its kind in the world for storing fossil-free hydrogen gas. The two-year test period will now start and continue until 2024, which means that HYBRIT has taken another important step in developing the overall value chain for fossil-free iron and steel production.
SSAB will start supplying commercial volumes of fossil-free steel to the market in 2026, when also SSAB’s subsidiary Tibnor will be ready to distribute it to customers across the Nordics. ”Tibnor is a very important channel for SSAB on our Nordic home market,” says Matts Nilsson, Head of Sales Sweden & Norway at SSAB Europe.
When Polish Bodex wanted to improve the durability of its vehicles, without increasing the weight, it looked no further than SSAB Steel Service Center Oborniki. The result is an innovative new trailer design made from Hardox® 500 Tuf steel that is stronger, more durable, and more sustainable.
Located in Konya, in the Anatolian region of Turkey, Hidrokon has been producing cranes since its establishment in 1993. The incorporation of Strenx® high-strength steel from SSAB has enabled Hidrokon to make its crane components lighter, safer and more durable.
In recent years, “safer” and “lighter” seem to have become the twin buzzwords that define the automotive industry’s collective vision. Read on to find out how a collaborative effort between SSAB and its customer Gestamp facilitated the development of a unique, tailored steel grade that will result in safer and lighter automotive products for the future.