All closing conditions with respect to SSAB’s sale of Division IPSCO’s tubular operations have been fulfilled. The closing of the tubular operations sale has thereby occurred, effective upon June 12, 2008.
In connection therewith, David Britten will take over as head of the North America Division, while John Tulloch leaves the company upon retirement.
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SSAB’s conversion of the mill in Oxelösund to fossil-free production is being delayed due to appeals regarding protection of species. The delay relates to permits for the power line that will connect the new electric arc furnace.
SSAB’s annual general meeting (AGM) was held today, April 28, 2026, in Stockholm. The shareholders were also able to exercise their voting rights by postal voting. The AGM resolved on a dividend of SEK 2.00 per share.
Summary · Revenue was SEK 25,336 (25,523) million · Operating result was SEK 2,201 (1,351) million, better result in SSAB Europe and SSAB Americas · Earnings per share was SEK 1.61 (1.13) · Net cash was SEK 9.6 (14.4) billion, seasonal build-up of working capital · Lost time injury frequency (LTIF) decreased to an all-time low of 0.49 (0.67) · Limited direct effects on SSAB from the war in Persian gulf, but customers more cautious