SSAB AB (publ) (SSAAF)
SSAB AB (publ) operates in the Steel industry of the Basic Materials sector, headquartered in Stockholm, AB, SE. The stock last traded at $9.33, up 0.00% on the session, giving a market capitalisation of $9.30B. On trailing twelve-month figures it carries a trailing P/E of 18.54, a net margin of 5.7%. Its beta of 1.25 implies it has historically moved more than the broad market.
SSAB AB (publ) operates as a global manufacturer and supplier of steel products, serving customers across the United States, Sweden, Finland, Germany, Denmark, and various other international markets. The company's operations are structured into five distinct business units: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels division specializes in high-performance steel offerings, including quenched and tempered steels, alongside advanced high-strength hot-rolled steel products. SSAB Europe is responsible for the production and distribution of strip, plate, and tubular steel items. Within the Americas, SSAB primarily focuses on heavy steel plates. Tibnor functions as a key distributor, supplying a diverse array of steel and non-ferrous metals throughout the Nordic and Baltic regions. Lastly, Ruukki Construction provides comprehensive building and construction products and services, catering to both residential and commercial projects. SSAB markets its extensive range of steel solutions under several prominent brand names, such as Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel. The company serves a wide spectrum of industries, including heavy transport, general construction, automotive manufacturing, industrial applications, construction machinery, energy, material handling, and service centers. Demonstrating a commitment to sustainable practices, SSAB AB (publ) has also established a collaborative agreement with Faurecia S.E. to deliver fossil-free steel specifically for automotive seat structures. The company, which has its roots dating back to its founding in 1878, is headquartered in Stockholm, Sweden.
SSAB AB (publ) is most often compared with the following Basic Materials names: