SSAB

Operations

SSAB is an internationally leading supplier of high-strength steel with a base in Western Europe and North America.
The steel operations have been successfully developed through a conscious specialization strategy aimed at strengthening the company’s position as a leading producer of high-strength steel.

SSAB’s steel makes customers’ products lighter, stronger and more durable. In the selected product segments, SSAB has achieved a strong market position and high profitability. In the sheet segment, SSAB specializes in advanced high-strength sheet, which is used in the engineering industry and by container manufacturers, for example.

In the plate segment, SSAB is the world’s leading producer of quenched steels, i.e., plate with extra high strength and good weldability combined with high abrasion-resistance and good formability. Quenched steels are used in construction machinery, mining equipment and cranes, among other things.
The company has several well known brands, including Hardox, Domex, Weldox, Docol, Armox, Prelaq and Toolox. SSAB works according to a goaloriented strategy aimed at accelerating growth for its niche products and enhancing the profitability of existing plants. The company is also striving to strengthen its positions in the Asian market, particularly in China.

SSAB - Our ownership perspective

World-leading position in niche quenched steels and advanced high-strength sheet segments creates solid foundation for growth and sustained high profitability.

• Martin Lindqvist new CEO.
• Acquisition in North America has increased capacity and enables continued international expansion.
• Greater focus on growth markets for specialty products.

Ownership focus

Profitability restored through continued expansion in the niche high-strength steel segment.

SSAB - Performance 2010

• Normalization of demand during the year.
• Net sales rose 34% to SEK 39.9 billion (29.8).
• Income after net financial items rose to SEK 0.7 billion (-2.1).
• Share of niche products rose to 37% (35%).
• The establishment of an R&D facility in China strengthens the company’s position in Asia.