SSAB

Our CEO Johnny Sjöström: “The investment in Luleå, and also in Oxelösund, is progressing according to plan, and I’m really happy about that. We’ve also seen very clear explanations on the rationale for the transformation and communicated that a little bit more to the market. So we’re very optimistic for the future.” Read SSAB’s report for Q4 and the full-year 2024 ➡ https://lnkd.in/dKBNUqkH #Q4 #YearEndReport

CEO Johnny Sjöström in SSAB’s financial report for Q4 and the full-year 2024: "SSAB’s operating result for the fourth quarter of 2024 amounted to SEK 487 (2,400) million. Maintenance cost was SEK 690 (1,080) million in the quarter. The operating result for the full year was SEK 7,860 (16,467) million. The markets in Europe and North America were generally weak, whereas SSAB's high-strength steel and other premium products were more resilient. Compared to a year earlier, prices in the USA were significantly lower and the weak market in Europe impacted SSAB Special Steels and SSAB Europe. Cash flow was strong during the fourth quarter, supported by a release of working capital.” Read more ➡ https://lnkd.in/dAWQDePZ #Q4 #YearEndReport 

We are deeply honored to receive the World Economic Forum’s inaugural ‘Moving Force in Business Award’ for our joint HYBRIT initiative with LKAB and Vattenfall. 🎉 This award – one of five Giving to Amplify Earth Action (GAEA) Awards developed by WEF – recognizes sustainable business solutions that have the potential to transform whole sectors, industries or markets. It is an important acknowledgement of the groundbreaking nature of the HYBRIT partnership and the power of collaboration to drive system-wide change. Together, we have demonstrated that it is possible to produce steel with close to zero fossil carbon emissions, using innovative hydrogen technology and fossil-free energy. ⚙️🌱 “Thanks to the successful results from the HYBRIT pilot phase, we are transforming SSAB’s Nordic production system to sharply lower fossil carbon emissions and deliver more value for customers. We are proud to collaborate with LKAB and Vattenfall to lead the iron and steel industry toward a more competitive and sustainable future,” says Johnny Sjöström, President and CEO of SSAB. Thank you to the WEF for supporting innovative solutions that tackle climate challenges and congratulations to all GAEA Awards winners and nominees for your achievements. 🙌 Let’s build a future we can all be proud of! 💚 #FossilFreeSteel #Sustainability #WEF25 #Davos #GAEAAwards 📸 Yours Kommunikationsbyrå

We are thrilled to announce that Helena Norrman is joining SSAB as Executive Vice President & Head of Group Communications! ✨   This is a new role established in SSAB’s Group Executive Committee at an exciting time in our transformation to fossil-free steelmaking. Helena will take up the position by April 16.   Helena is an experienced communications professional with extensive knowledge in strategic communications, investor relations, public affairs, and marketing. She is currently partner and communications advisor at global communications consultancy Kekst CNC. Prior to that, she headed Marketing and Corporate Relations at global telecom company Ericsson where she was also a member of the executive team.   ”I’m extremely happy and grateful for the opportunity to lead SSAB's communications and marketing. The steel industry plays an important role in both the economy and society, and SSAB is a leading actor in innovation and sustainability,” Helena Norrman says.   Welcome Helena – we’re looking forward to having you on board! 🤩   #Leadership #FossilfreeSteel

Our transformation accelerates – what a difference three months can make!   🏗️ SSAB's slag formers production in Oxelösund, Sweden, has been moved to a new raw materials hub and the old building is gone. In the future, containers filled with metal scrap destined for our new electric arc furnace will line this area.   👀 Watch closely and you can see the facility disappear in the background as the pillars for the new EAF building come up. Our amazing crew has now raised all 20 pillars and built the eastern façade of the construction hall. These massive blocks of concrete will create a sound barrier to mitigate the noise from the EAF. 🌱 Once the transformation in Oxelösund is complete, it will remove 3 percent of Sweden’s CO2 emissions.   #SSABOxelösund #EAF #FossilfreeSteel #SteelProduction

SSAB invites the media and analysts to a presentation of the Q4 and full-year 2024 report. 💻 Live webcast 📅 Wednesday, January 29 🕤 9.30am CET The report will be published at approximately 7.30am CET on the same date. Read more ➡ https://lnkd.in/dQJfJav3 #Q4 #YearEndReport

Did you know that SSAB Zero™ has the same high quality, performance and properties as traditional steel? The result? Our customers’ end products remain as durable and reliable as they always have, but with less impact on the planet. #DidYouKnow #SSABfacts #SSABZero

🚀 Great News! We’ve received the necessary environmental permit to transform our plant in Luleå, Sweden, to a state-of-the-art mini-mill for fossil-free steel production. 😀 The permit will enable a technology shift that will have significant positive effects on the environment and the climate. It will also allow SSAB to meet the high demand for our unique steels and to strengthen our future competitiveness. “This is a big day for us at SSAB and for the transformation to fossil-free steel production in Sweden. Now we can proceed with an investment that will result in reduced climate impact of national significance. At the same time, we safeguard jobs in Luleå, create a more flexible and cost-effective production and strengthen our and our customers’ competitiveness with a wider offering of unique premium products,” says Johnny Sjöström, President and CEO at SSAB. Read more ➡️ https://lnkd.in/df7nTysC #FossilfreeSteel #SSABLuleå

Time flies: the hardest and toughest, our very own Hardox® wear steel turned already 50 this year. 🎉 In 1974, SSAB introduced the world’s first bendable wear plate, and in 1983, SSAB’s mill in Oxelösund, Sweden, created a truly hard wear plate that was branded Hardox®. Today, it’s still produced in our mills in Sweden, Finland and the USA. Through the years, Hardox® has been evolving into a wide variety of grades, and now it’s time for it to go emission free. 🌱 Read more about the anniversary and the new Hardox® 450 Zero™ steel ➡ https://lnkd.in/dn9actc4 Watch also the video and see how we’ve been proud to spend five decades of Hardox® with our customers around the world ⤵ #Hardox50Years #SSABOxelösund #WearPlate

CE Dealer Team is racing for a better future. With bold innovation and SSAB’s expertise, the team has reshaped rallycross through sustainability and diversity. 🏁 Watch the full story on YouTube ➡ https://lnkd.in/dCWd4MAf #RacingForABetterFuture #rallycross #SSABZero PWR Group Volvo Construction Equipment