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As of 4:30 PM 02/27/14 All times are local (Market data is delayed by at least 15 minutes).

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ssab ab-a shares-unspon adr (SSAAY) Details

SSAB AB produces, sells, and exports steel products. It operates in four segments: SSAB EMEA, SSAB Americas, SSAB APAC, and Tibnor. The company offers structural steel for sustainable and lightweight solutions; wear plate for maximum payload and service life; cold rolled steel for lightweight and safe components; structural steel for heavy and demanding applications; pre-painted steel for buildings; protection plate for the safety of life and property; and engineering and tool steel. Its principal products include quenched steel, heavy plates, and strip products. SSAB AB markets its steel products under the Domex, Docol, Prelaq, Hardox, Weldox, Armox, and Toolox brands. It is also involved in the distribution of steel and metal products in northern Europe; and the provision of value added services, such as product development, processing, logistics, and aftermarket services. The company offers its products to heavy transport, engineering and mechanical engineering, mining and mining equipment, automotive, energy, heavy machinery, and construction equipment industries. It operates in the Middle East, Africa, North America, Latin America, Australia, New Zealand, Asia, and Europe. SSAB AB was founded in 1978 and is headquartered in Stockholm, Sweden.

17,123 Employees
Last Reported Date: 10/27/14
Founded in 1978

ssab ab-a shares-unspon adr (SSAAY) Top Compensated Officers

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ssab ab-a shares-unspon adr (SSAAY) Key Developments

SSAB AB Provides Earnings Guidance for the Fourth Quarter of 2014

SSAB AB provided earnings guidance for the fourth quarter of 2014. The company estimated that the operating result for the fourth quarter will be between SEK 100 million and 150 million (excluding items affecting comparability).

SSAB AB Presents at SEB Nordic Seminar, Jan-09-2015 10:10 AM

SSAB AB Presents at SEB Nordic Seminar, Jan-09-2015 10:10 AM. Venue: Hilton Copenhagen Airport Hotel, Copenhagen, Denmark.

Svenskt Stal Introduces Laser Plus

Svenskt Stal AB has introduced Laser Plus, a new steel product used for laser cutting. Laser Plus is a totally new generation of steels for laser cutting that comes with unique guarantees: maximum flatness deviation of 3 mm/m after laser cutting and bending radius of 0 -1.5 x the material thickness. The dead flat process gives optimum flatness and minimum internal stress, which allows to guarantee a maximum deviation of 3 mm/m after laser cutting Laser Plus. The flatness tests on Laser Plus show unique results. Strict thickness tolerances and constant mechanical properties for each and every delivery result in trouble-free production. In addition, the smooth surface quality of Laser Plus steel guarantees a higher cutting speed and first-class surface quality of the cut edge. Cutting complex and high precision components and narrow contours can be done without rework. This actually takes steels intended for laser cutting to a new dimension. The production process of Laser Plus steels results in a surface that is covered with a thin micro scale. This enables extremely efficient laser- water- and plasma cutting. The quality of the cut edge remains excellent, even up to a thickness of 30 mm. The cold forming properties of Laser Plus steels are excellent and SSAB guarantees inner bending radius of 0-1.5 x the material thickness, depending on strength level in combination with thickness. Laser Plus steels are now available both as heavy plates and hot-rolled strip products. It is the new standard for demanding applications in e.g. mechanical engineering and construction, as well as in the automotive and electronics industries. The product has been developed in close cooperation with laser cutting system manufacturers, end users, distribution partners and Ruukki, who merged with SSAB in July 2014.


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SSAAY Competitors

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Company Last Change
AK Steel Holding Corp $3.98 USD -0.035
APERAM SA €24.45 EUR +0.12
Nanjing Iron & Steel Co Ltd CNY3.75 CNY +0.05
Yieh United Steel Corp 7.79 TWD +0.01
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