Duyuru • Jun 30
SSAB Pauses Work At Construction Site In Luleå Due To Detection Of Low Levels Of Hydrogen Cyanide SSAB had once again paused work at the construction site for its new steel mill in Luleå after personal gas detectors registered low levels of hydrogen cyanide. The detected levels have not exceeded applicable occupational exposure limits and are not considered to pose any risk to personnel on site. No work will resume until the situation has been investigated and deemed safe. Work was first paused on April 3 after several people experienced symptoms of illness. The site was gradually reopened from May 27 following a root cause analysis that concluded the symptoms were caused by dust in combination with respiratory viruses and weather conditions. The analysis was based on an extensive program of soil samples, soil gas samples and gas measurements, none of which identified any measured gases that could be linked to the symptoms. SSAB will now, together with external experts, assess how the existing measurement program can be expanded - including measurements under production-like conditions with the required personal protective equipment - and carry out additional analyses to investigate this new information. The pause applies to the areas where gas detector readings have been registered, as well as adjacent areas where groundworks are being carried out. Further information will be provided when additional measurement results and analyses are available. SSAB's current assessment is that the paused work will not have any material impact on the project's overall schedule or budget. Board Change • Jun 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Magnus Groth was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Magnus Groth was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 17
SSAB AB (publ) Announces Directors Not Standing for Re-Election SSAB AB (publ) announced that Bernard Fontana and Mikael Mäkinen have declined re-election at its Annual General Meeting to be held on April 28, 2026. Duyuru • Jan 28
SSAB AB (publ) Proposes Dividend for the Financial Year 2025 SSAB AB (publ) announced that the Board proposed a dividend of SEK 2.00 per share for the financial year 2025 against SEK 2.60 per share paid last year. Duyuru • Oct 10
SSAB AB (publ), Annual General Meeting, Apr 28, 2026 SSAB AB (publ), Annual General Meeting, Apr 28, 2026. Duyuru • May 02
SSAB AB (publ) Approves Dividend, Payable on May 7, 2025 SSAB AB (publ) at its AGM held on April 29, 2025 resolved on a dividend of SEK 2.60 per share, with May 2, 2025 as the record date. The dividend is expected to be distributed by Euroclear Sweden AB on May 7, 2025. Duyuru • Mar 18
SSAB Announces Management Changes, Effective April 1, 2025 SSAB is making changes in the support functions of its Group Executive Committee. Carl Orrling has been appointed as a new member of SSAB's Group Executive Committee. Carl Orrling has been appointed EVP CTO with responsibility for the Transformation Office and will become a new member of SSAB's Group Executive Committee. The Group Executive Committee will be reduced from 11 to 9 members. Christina Friborg (SVP Sustainability, Ethics & Compliance, Health & Safety), Eva Petursson (SVP Research & Innovation), and Lars Sjöbring (SVP General Counsel) will retain their responsibilities and continue to report to Johnny Sjöström but will no longer be members of the Group Executive Committee. Martin Pei, the former EVP CTO, will become a Senior Advisor with a focus on securing raw material supplies for the new fossil-free steel plants. He will continue to represent SSAB as Chairman of the Board of Hybrit Development AB and will still report to Johnny Sjöström. These changes will take effect on April 1, 2025. The new Group Executive Committee will consist of: Johnny Sjöström - President and CEO of SSAB, Leena Craelius - EVP Chief Financial Officer, Per Elfgren - EVP Head of SSAB Special Steels, Tony Harris - EVP Head of SSAB Europe, Chuck Schmitt - EVP Head of SSAB Americas, Maria Långberg - EVP Organization and Culture, Helena Norrman - EVP Communications, Carl Orrling - EVP CTO and Head of the Transformation Office and Viktor Strömberg - EVP Strategy and Digitalization. Duyuru • Feb 04
Jennmar Corporation completed the acquisition of Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A). Jennmar Corporation has entered into an agreement to acquire Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A) on January 7, 2025. As a part of acquisition, in total, 66 people are affected by the acquisition and have received an offer to continue their employment with Jennmar. The transaction is expected to be finalized in the first quarter of 2025.
Jennmar Corporation completed the acquisition of Rock bolt manufacturing unit in Virsbo from SSAB AB (publ) (OM:SSAB A) on February 3, 2025. Duyuru • Jan 22
SSAB Appoints Helena Norrman as EVP & Head of Group Communications, Effective April 16, 2025 SSAB has appointed Helena Norrman as EVP & Head of Group Communications, a newly-created role in the company's Group Executive Committee. Helena will take up the position by April 16, 2025 and will be responsible for communication at SSAB.Helena Norrman joins SSAB from her role as partner and communications advisor at global communications consultancy Kekst CNC. Prior to this, she held several leading positions at global telecom company Ericsson, where for example, she headed Marketing and Corporate Relations and was a member of the company's Executive Team. In her role as EVP & Head of Group Communications, Helena will be a member of SSAB's Group Executive Committee and play an important role in the company's continued development. Helena Norrman holds a degree in International Business Administration from the University of Linköping in Sweden. Duyuru • Dec 20
SSAB Appoints Tony Harris as New Head of SSAB Europe, Effective February 1, 2025 SSAB announced Tony Harris has been appointed as new head of SSAB Europe effective February 1, 2025. He transitions into this role from his current position as Head of Sales and Business Development at SSAB Europe. He has a strong commercial background from both small and medium-sized enterprises and multinational corporations. His expertise covers not only sales and business development but also operations and general management. Since joining SSAB in 2014, following the merger with Rautaruukki, Tony has served as a key member of SSAB Europe's Management Team. Upon assuming his new role, he will also join SSAB's Group Executive Committee. Tony will succeed Olavi Huhtala, who earlier has announced his retirement. Duyuru • Dec 05
SSAB Receives Financing from EU and Swedish Agency for Economic and Regional Growth SSAB is granted SEK 1.45 billion in the framework of the Just Transition Fund, an EU fund that in Sweden includes support to the transition of the steel industry in Norrbotten. The funding will contribute to the transformation to fossil-free steel production of SSAB's operations in Luleå, a technology shift that will significantly reduce Sweden's carbon dioxide emissions. SSAB plans to decommission the current coal and blast furnace-based production system in Luleå in favor of a state-of-the-art fossil-free mini-mill with electric arc furnaces and rolling complexes. This will reduce Sweden's CO2 emissions by 7% in addition to the 3% from the conversion of SSAB's steel plant in Oxelösund. Startup of the new mill in Luleå is planned at the end of 2028 with full capacity in 2029, while startup of the new electric arc furnace in Oxelösund is expected toward the end of 2026. The investments are mainly funded with SSAB's own cash flow. The Just Transition Fund is an EU fund that focuses on industries and regions with high carbon dioxide emissions. The fund will help reduce emissions and tackle the challenges created by the transition. In Sweden's national program for the Just Transition Fund, the eligible sectors are the steel, metal and cement industries. The steel industry in Norrbotten was pinpointed as one of three industries that could be awarded the funds. On October 21, 2024, the European Commission announced that it had approved a Swedish measure to support SSAB through the Just Transition Fund. On December 4, 2024, the Swedish Agency for Economic and Regional Growth, which administers the fund in Sweden, announced that SSAB is granted SEK 1.45 billion in EU funding and national co-financing. SSAB has previously been granted nearly SEK 38.6 million from the same fund for SSAB Academy, a pilot program for employee competence development in Luleå. Duyuru • Dec 03
SSAB AB Announces Retirement of Chuck Schmitt, Head of SSAB Americas SSAB AB announced that Chuck Schmitt, Head of SSAB Americas, will retire in the summer of 2025. A recruitment process to find his successor will begin shortly. Chuck Schmitt has been Head of SSAB Americas and a member of SSAB's Group Executive Committee since 2011. He has been with the company since 1990, starting at the U.S.-based IPSCO which was later acquired by SSAB. Chuck Schmitt will remain in his current position until June 30, 2025. A recruitment process to find his successor will begin shortly. Duyuru • Oct 28
Martin Lindqvist to Step Down from SSAB's Board of Directors As previously communicated, Martin Lindqvist has left his position as SSAB's President and CEO. On October 28, 2024 he has announced that he is also leaving his position in the Board of Directors. Duyuru • Oct 08
SSAB AB (publ) to Report Fiscal Year 2024 Results on Mar 17, 2025 SSAB AB (publ) announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 17, 2025 Duyuru • Sep 05
SSAB AB (Publ) Announces Retirement of Olavi Huhtala as Head of SSAB Europe SSAB AB (publ) announced that Olavi Huhtala, Head of SSAB Europe, will retire during winter 2025. A recruitment process to find his successor will now begin. Olavi Huhtala has been head of SSAB Europe and a member of SSAB's Group Executive Committee since 2014. Olavi Huhtala will remain in his role as head of SSAB Europe until the end of January 2025, after which he will remain as an advisor. Duyuru • Mar 21
SSAB Launches World's First Emission-Free Steel Powder SSAB is launching the world's first emission-free steel powder for commercial deliveries, made of recycled SSAB Zero® steel. The product will create opportunities for customers to 3D-print their unique designs in steel produced without fossil carbon dioxide emissions. The powder combines the properties of SSAB's high-strength steel with the light structural possibilities of 3D-printing. The production of steel is a large source of CO2 emissions when it comes to 3D-printing of steel products. By pulverizing SSAB's emission-free steel with fossil-free energy sources only, the carbon dioxide emissions from the steelmaking are reduced to virtually zero. Last year, SSAB launched its first conventional steel powder to the market, SSAB AM Engineering, and now the portfolio is expanded with SSAB AM Tough Zero®. SSAB will also be able to offer its unique fossil-free steel, based on HYBRIT technology, as a powder in limited volumes. In 2020, SSAB in Oxelösund invested in a steel powder production facility to produce premium advanced high-strength steel powder for additive manufacturing, also known as 3D-printing, as a complement to SSAB's regular steel offering. Steel powder is ideally suited for limited series of tailormade components or spare parts requiring high structural integrity and optimal functionality. It can be used in a wide variety of industries, from consumer goods to heavy machinery to automotive and more. SSAB has already provided prototype fossil-free steel powder to selected customers. In 2023, HT Laser 3D-printed the first fossil-free steel component suitable for a forest machine, and mining company Epiroc revealed a prototype hydraulic block for a rock drill in conventional steel powder and said it was exploring the possibility of using fossil-free powder. In 2022, Triwa launched the first consumer product made with fossil-free steel powder - a watch. To make powder, molten steel tailored for 3D-printing is broken up by high pressurized atomization gas, creating small spherical droplets which are solidified into powder. The steel powder is also produced using only fossil-free energy sources. Duyuru • Mar 19
SSAB AB (publ) to Report Fiscal Year 2023 Results on Mar 18, 2024 SSAB AB (publ) announced that they will report fiscal year 2023 results on Mar 18, 2024 Duyuru • Mar 16
SSAB AB (publ) Proposes Dividend, Payable on May 2, 2024 SSAB AB (publ)at the Annual General Meeting to be held on April 24, 2024, the Board of Directors proposed a dividend of SEK 5 per share. April 26, 2024, is proposed as the record date for payment of the dividend. Provided that the Meeting resolves in accordance with the proposal, dividends are expected to be distributed by Euroclear Sweden AB on May 2, 2024. Duyuru • Oct 11
SSAB AB (publ), Annual General Meeting, Apr 24, 2024 SSAB AB (publ), Annual General Meeting, Apr 24, 2024. 
