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Media contacts Subscribe for press releasesThe second quarter · Revenue was SEK 35,516 (23,673) million · Operating profit, excluding items affecting comparability, was SEK 10,395 (4,083) million · Earnings per share were SEK 7.79 (3.13) · Net cash was SEK 7,163 (net debt SEK 6,461) million · Transformation to fossil-free steel production on plan
SSAB invites you to a presentation of the report for the second quarter 2022 at 9.30am CEST on Friday, July 22, 2022. The briefing will take place by combined webcast and conference call that will be webcast on SSAB’s website. The report will be published at approximately 7.30am CEST on the same date.
Gestamp’s innovative, lighter design for front lower control arm lead to 7-year collaborative effort with SSAB, resulting in new 1000 MPa complex phase steel. This effort demonstrates the power of early design-stage — and on-going — collaboration, combined with SSAB’s capacity to deliver multiple steel grade iterations to solve challenging lightweighting requirements.
Olli Oja, MSc (Tech), who works as a product development engineer at SSAB Hämeenlinna, investigated the Correlation between the Microstructure and Mechanical Properties of Intercritically Annealed Advanced High-Strength Steels in his doctoral dissertation. Even the smallest structural changes can have major effects on formability. Among many things, this is beneficial in decreasing vehicle weight for improved energy efficiency.
Ruukki Construction, part of SSAB Group, is to invest EUR 15 million in sandwich panel production in Borlänge, Sweden. The new production line will be the first in Scandinavia to produce PIR sandwich panels tailored to the needs of Nordic customers. The production will come on stream in Q3 2024.
This year sees the world’s first electrified rallycross world championships. SSAB is a proud partner of the newly-formed Construction Equipment Dealer Team, with drivers Klara Andersson and Niclas Grönholm.
The new visibility platform for transportation track and trace (TnT) provides customers with direct real-time information about where their shipments are and when they should arrive. This streamlines tracking activities for all participants in the logistics chain.
The project to rebuild Stockholm’s Slussen hub is about halfway to completion. So far, SSAB has delivered some 117,000 meters of piles, corresponding to 10,700 tons of steel, to Skanska, one of the construction companies tasked with carrying out this massive redevelopment.
Set deep in the Mexican desert, Joper has been manufacturing agricultural and construction equipment for more than six decades. Its Volteo Pegaso tipper body made from SSAB’s Hardox® 450 wear plate delivers superior durability, productivity and safety to mining, construction and agricultural sites across the Americas.