The second quarter · Revenue was SEK 23,673 (15,155) million · EBITDA was SEK 4,899 (705) million · Operating profit was SEK 4,083 (-251) million · Earnings per share were SEK 3.13 (-0.28)
SSAB invites you to a presentation of the report for the second quarter of 2021 at 9.30am CEST on Wednesday, July 21, 2021. The briefing will take place by conference call that will also be webcast on SSAB’s website. The report will be published at approximately 7.30am CEST on the same date.
SSAB, LKAB and Vattenfall have now produced the world’s first hydrogen-reduced sponge iron at a pilot scale. The technological breakthrough in the HYBRIT initiative eliminates around 90% of emissions in conjunction with steelmaking and is a decisive step on the road to fossil-free steel.
SSAB has launched an extensive research project, FFS – Towards Fossil-free Steel, in Finland. In the project, SSAB will work together with industrial and research partners to explore different solutions and alternatives to produce fossil-free steel and thus the ways to withdraw entirely from the use fossil energy.
Ruukki Construction, a subsidiary of SSAB Group, is committed to being the first company to offer its customers fossil-free steel building products. The building products will be made from fossil-free steel based on SSAB’s HYBRIT technology and the plan is to launch them at a commercial scale on the market in 2026. Already before then, Ruukki aims to pilot the use of fossil-free steel together with selected customers.
VR Transpoint and SSAB have signed a contract on the rail transport of raw materials and products. The goal is to halve the transport emissions covered by cooperation by 2024.
When Cecilia Svennberg won Female Leader Engineer 2017, she chose SSAB as one of three companies for her trainee program for three reasons: The investment in fossil-free steel and HYBRIT, SSAB’s way to drive sustainable business and because she found SSAB's culture straight-forward and honest. At the beginning of the year she started her trainee periodat SSAB.
In the midst of the beautiful Slovenian countryside, tipper body specialist Farmtech constructs high-quality equipment for the demanding agricultural industry, which runs continuous transports with heavy loads. The recipe for the success of the heavy-duty dump tipper Gravis 2000 is to use Hardox® 450 wear plate throughout the model’s body.
Concrete pumps used in the construction of tall buildings need a boom structure that is strong and reliable while also striving for light weight. Turkish Betonstar has met these requirements by using only Strenx® performance steel throughout its structures. The result is longer, stronger and lighter products.