SSAB

We’re pretty sure most elementary school kids don’t think about the steel industry, so SSAB was excited to hear that 9-year old Aiden Lawrence, son of SSAB Iowa’s Transportation Coordinator Mehgin Lawrence, not only thinks about it, he decided to build a steel mill. 🏭

Mehgin said Aiden recently had to do a school project where his class built a city. Aiden was in charge of building a factory in the town, and while his first idea was to build a car factory, he realized that without metal, there would be no cars. So, he decided his city needed an SSAB facility.

“I showed him pictures of SSAB Iowa and described what happens in various areas, and while we watched The Repurposed Series by Sierra International Machinery on YouTube, his factory came to life – with details like scrap metal from a rail car to be melted down into new steel,” she said. “Aiden has had many questions and heard me talk about my work in general, and it all came together that steel is the starting block for much of the world around him, even in a fictional city for a school project.”

Way to go Aiden! ✨

Stirmot from Spain created the Big Bull, an agricultural machine that can do two things at once: collect cuttings and bale them too – all while improving efficiency and reducing costs. 🌾⚙

SSAB's Strenx® 700MC steel is used in all of the machine’s structural parts. Stirmot has been collaborating with SSAB since 2018, and its expertise and advice have helped Stirmot reach its ambitions.

Read how Stirmot makes stronger, yet lighter agricultural machines ➡ https://rb.gy/yy7m7j

This week we celebrate Digital Learning Day, providing the perfect opportunity to delve into our on-demand webinars. Choose from over 100 topics and gain valuable insights to enhance the sustainability and efficiency of your operations. 💻📚

Online education from the steel experts ➡️ https://rb.gy/l3mvh8

Last month, sixteen apartment buildings in Ukraine were renovated with roofing materials donated by SSAB and Ruukki. The products were manufactured from SSAB's steel at the Ruukki plant near Kiev, and the humanitarian reconstruction work was coordinated by charity organization OperationAid.

“Sixteen multi-story apartment buildings now have new steel roofs and people have been able to return to their homes. It is also great that our operations in Ukraine continue despite the war, and we are able to manufacture and deliver roofing products to our customers," says Yuriy Obukh, Business Director, Ruukki's Ukraine unit.

Read more ⤵

New roof for 16 apartment buildings in Ukraine with roofing products donated by SSAB & Ruukki Humanitarian reconstruction work in Ukraine, coordinated by the Swedish charity organization OperationAid, has progressed to repair houses damaged by Russian aggression. In January 2024, sixteen apartment buildings in the Mykolaiv region were renovated with roofing materials donated by SSAB and Ruuk...

Towards a more sustainable world also at SSAB in Italy! Our Ghedi Steel Service Center has now installed solar panels on the roof of their production facility and operates fully with fossil-free energy. The new steel roof uses a trapezoidal profile provided by SSAB's subsidiary Ruukki Construction and is made from sustainable GreenCoat® color coated steel which uses Swedish rapeseed oil in the coating. 🌱

"We're happy to be able to reach our sustainability targets with the help of solar energy. We will consume roughly 50% of the solar energy provided by the solar system for our steel service center production, office building, and for the charging of our electric vehicles. The rest will be sold back to the grid,” says Julia Seeber, Managing Director, SSAB Swedish Steel S.p.A.

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SSAB in Italy now runs production with fossil-free energy SSAB Swedish Steel S.p.A, established in Ghedi, Italy in 1995, installed solar panels on the roof of their production facility at the end of 2023. The SSAB Ghedi Steel Service Center production now operates fully with fossil-free energy, supporting SSAB’s strategy towards a more sustainable world.

We had great time yesterday with Vestre and furniture designer Emma Olbers at the Stockholm Furniture Fair!

Vestre is striving to become the world's most sustainable furniture manufacturer, a mission which we at SSAB fully support. That's why Vestre is one of our fossil-free partners and their TELLUS bench is the world's first piece of furniture made using SSAB's fossil-free steel. 🌱⚙

“Working with Vestre gives us a chance to work with tangible products that are easy to relate to – there are few things more accessible to people than a bench in a public place. It's a great way to demonstrate how CO2 emissions can be eliminated in one go,” says Thomas Hörnfeldt, Vice President of Sustainable Business at SSAB.

Great having our Chuck Schmitt at the hosted by Steel Market Update. Thank you Michael Cowden for the fireside chat covering a wide range of topics from our SSAB Zero and Fossil-free steel to emerging markets for the steel industry, scrap availability and the wind tower market.

Yesterday, Chuck Schmitt, AISI board member and president of SSAB Americas spoke at the .

During his remarks, he highlighted the Leveling the Playing Field 2.0 Act. Read a recap of the event in Steel Market Update: https://www.steelmarketupdate.com/2024/01/30/final-thoughts-1633/

CEO Martin Lindqvist in SSAB’s financial report for Q4 and the full-year 2023:

“SSAB's adjusted operating result for the fourth quarter of 2023 amounted to SEK 2,400 (3,768) million and the adjusted operating result for the full year was SEK 16.5 (29.3) billion. The decrease compared to last year's record high level was primarily due to a weaker market and lower steel prices, especially in Europe. SSAB continues to generate strong cash flow, with operating cash flow for the full year amounting to SEK 21.5 (22.7) billion. Against the background of this good financial position, we started to buy back shares during the fourth quarter and the Board proposes a dividend of SEK 5.00 (8.70) per share. During the year, SSAB further consolidated its leadership in the green transition in the steel industry and launched the unique steel, SSAB Zero.”

Read more ➡ https://rb.gy/477av8

Did you know that many roofs in Stockholm and Helsinki have used color coated steel for the past 70 or 80 years and are still looking good and intact?

GreenCoat® color coated steels from SSAB offer an up to 50 years technical guarantee against corrosion and an up to 25 years aesthetical guarantee on the coating. But the GreenCoat® product service life is significantly longer than the guarantee time ensuring your roof, façade and rainwater system stand strong for decades. It is also good to know that our sustainable coating is made with Swedish rapeseed oil.

Our guarantees are based on your experience and global outdoor testing for more than 40 years. More than 10,000 panels of GreenCoat® color coated steel have been exposed to harsh climates and conditions year-round, including saltwater, snow, ice, rain, UV-radiation, high humidity, wind and storms to ensure the highest product performance. Long product life is essential for sustainable buildings. The longer a product stays in use, the better for the climate.

Our engaged social media followers liked, applauded and reposted many GreenCoat® buildings in 2023. You showed us you prefer houses in green and black, placed in a scenic environment.

We are glad to inspire you and make it possible for you to choose among sustainable color coated steels in an extensive range of colors, appearances and coatings with Swedish rapeseed oil.

These were the three most liked buildings in 2023 ⤵

Building: The Nyp Farm guest house, Iceland
Architect: Studiobua
Roof and façade: GreenCoat® color coated steel from SSAB. Sinus 18 profile, GreenCoat Pro BT in Nordic Night Black.
Supplier: Límtré Vírnet
Photo: Marino Thorlacius

Building: Dogs & Doctors house, Finland
Architect: Pirinen & Salo
Roof: GreenCoat® color coated steel from SSAB. Standing seam system, GreenCoat Pural BT in Pale Green.
Supplier: JanLa Oy and installed by Consti Yhtiöt Oyj
Photo: Marc Goodwin / Archmosphere

Building: Allotment House, Denmark
Architect: MM Arkitekter
Supplier: DS Stålprofil A/S
Roof and façade: GreenCoat® color coated steel from SSAB. DS Nordic Click Seam 275 - standing seam system, GreenCoat Pural BT in Pine Green.
Photo: Jakob Lerche

Together with our subsidiary Ruukki Construction, we will donate roofing products to the charity organization OperationAid for the reconstruction of houses in Ukraine. In addition, we will donate 20 tonnes of steel to make around 600 field stoves.

“It’s important that we continue to show our support for Ukraine and the Ukrainian people, and condemn Russia’s war. I have deep admiration for our Ukrainian employees who have continued to deliver roofing products and services in a country in dire need of reconstruction. Their safety is of utmost importance to me,” says Martin Lindqvist, CEO at SSAB.

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SSAB to donate material for roofs and field stoves in Ukraine SSAB and its subsidiary Ruukki Construction will donate Ruukki roofing products to the charity organization OperationAid for the reconstruction of houses in Ukraine. In addition, SSAB will donate almost 20 tonnes of steel to make around 620 field stoves.

Such interesting and intensive days in Dubai! At the United Nations Climate Change Conference COP28 UAE we had several useful meetings about fossil-free steelmaking and accelerating decarbonization. 🌱⚙

Thank you to our partners Business Sweden, Energy Transitions Commission - ETC, First Movers Coalition, LeadIt and MissionPossible Partnership, and to our fossil-free steel partners Alfa Laval, GE Vernova, Scania Group, Volvo Cars and Volvo Group.

Also honored to be recognized as an Energy Transition Changemaker by the COP28 UAE Presidency, showcasing our HYBRIT technology for fossil-free value chain with Vattenfall and LKAB.

SSAB’s CTO Martin Pei: “Steel is an essential part of a sustainable future, and private sector engagement is needed. It is through innovation, value-chain collaboration and market-creation, with support in creating enabling framework from governments, when real change happens.”

Villa Koppar, by Finnish architects COLLABORATORIO, is situated in the stunning natural surroundings of Kopparnäs, Inkoo in Finland. Villa Koppar comprises of two buildings: the main house of about 180 sqm, and a garage with a dependance. The villa was designed for a young and growing family with a limited budget.

The buildings are minimalistic inside out and testify to a life in harmony with nature. The architects carefully selected materials for this fully ecological, geothermically-heated passive house - which is also constructed with a prefabricated straw structure. The roof matches the great sustainability ambitions by being cladded with GreenCoat® color coated steel by SSAB. GreenCoat® has a unique bio-based coating with Swedish rapeseed oil. GreenCoat® Pural BT in Metallic Dark Silver complements the light Organowood spruce boards façade nicely and is produced in a standing seam system to complete the stylish expression. The roof was skillfully installed by the tinsmith company Västra Nylands Plåtslageri Ab with GreenCoat® supplied by Ruukki Construction.

Villa Koppar, meaning copper house, comes from the area of Kopparnäs where the house is located. The area is a wonderful combination of sandy and rocky shores, natural archipelago wonders, beautiful landscapes, and colorful history.

📸 COLLABORATORIO

Happy to have signed a letter of intent with Vattenfall to deliver fossil-free steel, produced with HYBRIT technology, for use in their production. 🌱⚙

Vattenfall plans to start developing pilots next year with potential applications including power line pylons, hydroelectric dams, grid stations, anchoring structures for onshore wind power and parts of foundations for offshore wind power.

“It feels incredibly good that Vattenfall, with whom we have a successful collaboration regarding HYBRIT, will now use fossil-free steel in their products and work with subcontractors who do so too. It shows what we can achieve when we work together and is completely in line with our goal of not only reducing our own emissions but also contributing to reducing the carbon footprint in other parts of the value chain,” says Christina Friborg, Head of Sustainability at SSAB.

Read more ⤵

SSAB and Vattenfall in new fossil-free steel collaboration SSAB and Vattenfall have signed a letter of intent regarding deliveries of fossil-free steel produced with HYBRIT technology. SSAB will, using input material from the HYBRIT pilot plant in Luleå, deliver fossil-free steel to Vattenfall to use in its operations.

Shoveling fossil-free pellets onto a conveyor belt in the middle of Swedish winter is not a walk in the park! ❄

Honored to have Swedish Prime Minister Ulf Kristersson joining our CEO Martin Lindqvist and Head of Special Steels Johnny Sjöström for an out-of-the-ordinary groundbreaking ceremony. The event marked the start of construction on our new Nordic production system in Oxelösund, Sweden – an historic milestone for Swedish industry and our journey toward becoming a largely fossil-free company.

“I’m very happy to be involved in this event, because we need to also recognize when positive things happen. Everybody talks about climate transition but you are helping to make it a reality," Ulf Kristersson told a room of SSAB employees, who had gathered to celebrate the start of construction.

When the new electric arc furnace is ready in 2026, it will be:

✅ The world’s first electric arc furnace built exclusively for fossil-free steelmaking
✅ The largest of its kind in Sweden
✅ Used to melt fossil-free pellets produced with HYBRIT technology and recycled scrap
✅ Have an annual slab production capacity of 1.7 mt, which can be compared with about 1.5 mt of slabs produced at Oxelösund today

See the first illustration of our new electric arc furnace in Oxelösund, Sweden, because today, in the presence of Swedish Prime Minister Ulf Kristersson, we kicked off the construction of it! 🌱⚙️

This is an historic milestone for Swedish industry and for the green transformation to fossil-free steelmaking. Our SEK 6.2 billion investment in a new electric arc furnace and related raw material handling in Oxelösund is an important step in SSAB’s journey to becoming a largely fossil-free company.

“We are now embarking on the large-scale construction and transformation of SSAB’s Nordic production system. Replacing traditional blast furnaces with electric arc furnaces is a multi-billion kronor investment. Transformation of our Nordic production system will have a positive impact both locally and globally, and help our customers to reduce their carbon footprint,” says Martin Lindqvist, CEO of SSAB.

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Swedish prime minister attends start of construction in transformation of SSAB’s Nordic production system Today, in the presence of Swedish Prime Minister Ulf Kristersson, SSAB made a start on construction work for an electric arc furnace in Oxelösund. This is an historic milestone for Swedish industry and for the green transformation to fossil-free steelmaking.