SSAB AB (publ) (SSABBH.HE)
SSAB AB (publ) operates in the Steel industry of the Basic Materials sector, headquartered in Stockholm, AB, SE. The stock last traded at $9.46, up 1.03% on the session, giving a market capitalisation of $9.43B. Its beta of 1.25 implies it has historically moved more than the broad market.
SSAB AB (publ) is a global manufacturer and supplier of steel products, with its operations spanning the United States, Sweden, Finland, Germany, Denmark, and other international markets. The company structures its diverse business into five main divisions: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The Special Steels segment specializes in high-performance materials like quenched and tempered steels and advanced high-strength hot-rolled steel. SSAB Europe primarily supplies strip, plate, and tubular steel products, while SSAB Americas focuses on heavy steel plates. Tibnor acts as a distributor for a wide array of steel and non-ferrous metals across the Nordic and Baltic regions. Completing the portfolio, Ruukki Construction is dedicated to producing and selling building and construction materials and services for both residential and non-residential projects. SSAB markets its extensive range of steel solutions under prominent brands 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. These products serve a broad spectrum of industries, including heavy transport, construction, automotive, industrial applications, construction machinery, energy, material handling, and various service centers. In a significant collaboration, SSAB has partnered with Faurecia S.E. to provide fossil-free steel for automotive seat structures. Established in 1878, SSAB AB (publ) maintains its headquarters in Stockholm, Sweden.
SSAB AB (publ) is most often compared with the following Basic Materials names: