SSAB (OTCMKTS:SSAAY) AB is a Sweden-based steel company that develops and produces high-strength, special, and conventional steel products for industrial customers worldwide. Its offerings include advanced high-strength steels, wear-resistant steels, quenched and tempered steels, structural steels, and color-coated products used in vehicles, construction equipment, infrastructure, energy, and other industrial applications.
The company operates through business areas including SSAB Special Steels, SSAB Europe, and SSAB Americas. It also serves customers through Tibnor, a steel and metals distribution business, and Ruukki Construction, which provides roofing and building-envelope products and services. SSAB supplies products and technical support across Europe, North America, and other international markets.
SSAB was established in 1978 through the consolidation of Sweden’s major steel-producing operations and has expanded through acquisitions and international operations. The company is headquartered in Stockholm, Sweden, with production facilities in Sweden, Finland, and the United States. SSAB is also pursuing fossil-free steel production through the development of its HYBRIT technology and related initiatives designed to replace coal-based steelmaking processes with hydrogen-based production.
