Company SSAB AB

SSAB A

SE0000171100

Iron & Steel

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2025-12-05 EST			5-day change	1st Jan Change
69.00 ^SEK	+0.20%		+1.68%	+53.44%

12-05	Citigroup Raises Target Price for SSAB to 80 Kronor, Reiterates Buy Rating - BN	FW
12-03	JP Morgan Raises Target Price for SSAB to 78 Kronor (73), Reiterates Overweight - BN	FW

Business description: SSAB AB

SSAB AB specializes in manufacturing and distribution of specialty steel. Net sales break down by activity as follows:

- steel processing (81.1%): processing of steel and aluminum sheets for industry or construction (the group is the leading manufacturer of steel sheets in Scandinavia), production of laminated steel, metal plate and hardened steel used mainly in equipment for the construction and mining industries (world's leading manufacturer) and manufacture of safety components for the automotive industry;

- trading of steel products (11.4%): metals, building products, tools, machinery, etc. Tibnor is Sweden's leading steel trading company;

- sale of construction materials (4.8%; Ruukki Construction);

- other (2.7%).

Net sales are distributed geographically as follows: Sweden (13.7%), Finland (7.9%), Europe (37.2%), the United States (29%) and other (12.2%).

Number of employees: 14,575

Sales by Activity: SSAB AB

Fiscal Period: December	2020	2021	2022	2023	2024
SSAB Europe	27.95B	42.31B	50.07B	46.23B	41.79B
SSAB Special Steels	16.14B	23.51B	33.67B	32.14B	28.79B
SSAB Americas	13.27B	20.68B	32.16B	29.78B	22.71B
Ruukki Construction	5.52B	6B	6.88B	5.81B	5.51B
Tibnor	8.24B	12.38B	16.62B	13.69B	12.06B
Group Adjustments	-5.72B	-8.98B	-10.66B	-8.16B	-7.44B

See all business segments

Geographical breakdown of sales: SSAB AB

Fiscal Period: December	2020	2021	2022	2023	2024
Other Europe	2.02B	2.96B	44.52B	42.7B	38.45B
USA	15.7B	23.54B	38.38B	37.08B	30.03B
Sweden	10.06B	15.26B	17.95B	15.63B	14.13B
Rest of the World	5.83B	7.89B	15.66B	14.3B	12.6B
Finland	6.69B	9.64B	12.24B	9.77B	8.21B
Canada	2.2B	3.65B	-	-	-
Poland	3.09B	4.2B	-	-	-
Italy	1.94B	3.49B	-	-	-
Denmark	3.12B	4.94B	-	-	-
Other EU-27	7.9B	11.34B	-	-	-
Norway	2.4B	3.23B	-	-	-
Great Britain	1.32B	1.89B	-	-	-
Germany	3.12B	3.87B	-	-	-

See all geographic segments

Executive Committee: SSAB AB

Manager	Title	Age	Since
Johnny Sjöström CEO	Chief Executive Officer	-	2024-10-27
Leena Craelius DFI	Director of Finance/CFO	54	2021-10-31
Christina Friborg CMP	Compliance Officer	56	2017-12-31
Eva Petursson CTO	Chief Tech/Sci/R&D Officer	57	2004-12-31
Martin Pei CTO	Chief Tech/Sci/R&D Officer	62	2000-12-31

See SSAB AB governance

Composition of the Board of Directors: SSAB AB

Director	Title	Age	Since
Petra Einarsson BRD	Director/Board Member	58	2014-09-10
Patrick Sjöholm BRD	Director/Board Member	60	2010-12-31
Marie Grönborg BRD	Director/Board Member	55	2019-03-31
John Lennart Kaleb Evrell CHM	Chairman	71	2021-10-27
Maija Kaarina Strandberg BRD	Director/Board Member	56	2021-10-27
Bernard Fontana BRD	Director/Board Member	64	2021-12-31
Mikael Mäkinen BRD	Director/Board Member	69	2021-12-31
Sven-Erik Rosén BRD	Director/Board Member	60	2021-04-13

Composition of the Board of Directors

Shareholders: SSAB AB

Name	Equities	%	Valuation
Government of Sweden 18.57 %	54,962,761	18.57 %	354 M kr
Government of Finland 8.936 %	26,448,015	8.936 %	171 M kr
Folksam /Private Equity/ 7.163 %	21,200,252	7.163 %	137 M kr
Norges Bank Investment Management 2.113 %	6,253,549	2.113 %	40 M kr
Goldman Sachs Asset Management LP 1.242 %	3,675,641	1.242 %	24 M kr

Name	Equities	%	Valuation
Government of Sweden 7.589 %	53,169,947	7.589 %	336 M kr
Government of Finland 5.47 %	38,326,425	5.47 %	242 M kr
Norges Bank Investment Management 2.656 %	18,607,136	2.656 %	118 M kr
Avanza Pension Forsakring AB 1.84 %	12,892,707	1.84 %	81 M kr
Nordea Investment Management AB 1.378 %	9,656,200	1.378 %	61 M kr

List of SSAB AB shareholders

Company details: SSAB AB

SSAB AB

Klarabergsviadukten 70, D6

101 21, Stockholm

+46 84 54 57 00

http://www.ssab.com

Group companies: SSAB AB

Name	Category and Sector
SSAB Swedish Steel India Pvt Ltd. SSAB Swedish Steel India Pvt Ltd. Manufactures and supplies steel strip mill and heavy-plate products
SSAB Swedish Steel India Pvt Ltd. SSAB Swedish Steel India Pvt Ltd. Manufactures and supplies steel strip mill and heavy-plate products
Tibnor AB Tibnor AB Wholesale DistributorsDistribution Services Distributes steel and non-ferrous metals	Wholesale Distributors
Tibnor AB Tibnor AB Wholesale DistributorsDistribution Services Distributes steel and non-ferrous metals	Wholesale Distributors
SSAB EMEA AB SSAB EMEA AB Manufactures cold steel & related products

See all subsidiaries

Other Steel

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
SSAB AB	+0.20%	+1.68%	+37.83%	+13.82%	7.21B
NUCOR CORPORATION	-1.90%	-0.03%	+9.53%	+5.59%	36.49B
ARCELORMITTAL	-0.33%	-1.56%	+52.31%	+43.39%	32.38B
STEEL DYNAMICS, INC.	-1.72%	-1.56%	+19.12%	+54.79%	24.13B
TATA STEEL LIMITED	+0.21%	-0.45%	+13.60%	+44.30%	23.18B
NIPPON STEEL CORPORATION	-0.70%	-1.63%	+2.68%	+39.97%	20.9B
POSCO HOLDINGS INC.	+1.47%	+0.48%	+16.70%	+5.96%	15.88B
CARPENTER TECHNOLOGY CORPORATION	-2.42%	-3.59%	+57.61%	+640.58%	15.3B
SEVERSTAL	-0.29%	-.--%	-.--%	-.--%	8.78B
CLEVELAND-CLIFFS INC.	-3.61%	-5.75%	+1.91%	-22.12%	7.92B
Average	-0.91%	-1.52%	+21.13%	+82.63%	19.22B
Weighted average by Cap.	-0.91%	-1.24%	+22.42%	+76.04%