at the very Core of it all … is Content!
The quarter Sales of SEK 8,833 (11,023) million Operating profit/loss of SEK -136 (479) million Profit/loss after financial items of SEK -278 (329) million Earnings per share of SEK -0.42 (0.87) Operating cash flow of SEK 85 (1,887) million and cash flow from current operations of SEK -111 (1,684) million Comments by the CEO The …
Toolox, with its high temperature characteristics, will be presented by SSAB at Bauma in Germany. The steel, which was initially developed for the casting of plastic parts, has also proved to have the characteristics required from extreme high-temperature environments, where material is exposed to great force and high wear. The target group now identified by …
SSAB yesterday issued 5-year bonds on the Swedish capital market with a total value of SEK 1,000 million. The issuance was carried out in two tranches: a fixed interest bond totalling SEK 525 million with an annual coupon of 4.875%, and a bond totalling SEK 475 million carrying a floating rate interest of 3-month STIBOR …
SSAB EMEA is raising its prices for hot rolled, cold rolled and galvanized coil, as well as heavy plate. Prices are being increased by at least SEK 300 per tonne. The price increases apply to all orders acknowledged after December 5th, 2012. “There has been a perceptible decline in steel prices during 2012. The price …
SSAB is improving availability of its abrasion-resistant steel Hardox through its new Ready Made program, which will provide customers with greater delivery reliability of newly rolled products. The Ready Made program includes the most popular items in SSAB’s Hardox line of products. “SSAB has developed a support system that helps to achieve a high standard …
The quarter Sales of SEK 8,730 (10,917) million Operating profit/loss of SEK -665 (511) million Profit/loss after financial items of SEK -789 (401) million Earnings per share of SEK -1.60 (1.19) Operating cash flow improved to SEK 843 (311) million and cash flow from current operations to SEK 697 (16) million Niche products accounted for …
The new steel grades Domex 900/960 and Domex 1100 represent a new generation of hot-rolled and cold-formed steel. Just in time for SSAB’s fiftieth anniversary celebration of the Domex steel grade, the steel family has expanded and now includes strength levels from 220 up to 1100 MPa. Higher efficiency and quality The new Domex steels …
SSAB is improving its guarantees for wear plate and structural steel. Higher toughness is promised, opening new opportunities to reduce material consumption and produce lighter structures without risking cracking or breaking. The new guarantees also offer clear environmental benefits. Tough tests of material properties SSAB has subjected some of its best-selling steel products to tough …
The Nordic steel distributor Tibnor is an important player when more ore is to be mined in northern Sweden. More than 1,000 new ore wagons have been constructed by Kiruna Wagon, with Tibnor supplying the steel for the ore baskets. The fifteenth train set is currently under production. In total, 15 new train sets for …
SSAB has today given notice of redundancy affecting 450 employees in the Swedish operations. The measures constitute part of the previously announced efficiency program within SSAB EMEA. SSAB EMEA is currently carrying out an efficiency program aimed at increasing flexibility throughout the entire business operation. The program has been accelerated and is expected to be …