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Last update Dec 10, 9:30 AM EST
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SSAB AB
7.40
0
0%

Overview

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Description

SSAB AB is a leading global steel company that specializes in the production and innovation of high-strength steels. Based in Sweden, the company's primary focus is on supplying lighter, stronger, and more sustainable steel products, which are pivotal in various industrial sectors. The automotive industry benefits from SSAB's advanced high-strength steels, which help in manufacturing lighter vehicles, thereby improving fuel efficiency and reducing emissions. SSAB also serves the construction and engineering sectors, providing durable materials for structures and machinery. Additionally, the company is committed to sustainability, with significant investments in reducing its carbon footprint and developing fossil-free steel production methods as part of the HYBRIT initiative. SSAB's contribution to the steel industry is notable for its emphasis on technological advancements and sustainable practices, playing a critical role in shaping future trends in sustainable manufacturing and construction worldwide. By maintaining a robust presence in European and North American markets, SSAB continues to be a key player in the global steel manufacturing industry.

About

CEO
Mr. Johnny Sjöström
Employees
14575
Address
Klarabergsviadukten 70, D6
Box 70
Stockholm, 101 21
Phone
46 84 54 57 00
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Steel
Country
United States
MIC code
PINX
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