Tag «ssab»

SSAB Report for the first quarter of 2014

The quarter Sales of SEK 9,169 (8,833) million Operating profit/loss of SEK 26 (-136) million Loss after financial items of SEK -135 (-278) million Earnings per share of SEK -0.15 (-0.42) Operating cash flow of SEK -275 (85) million Comments by the CEO During the first quarter, we succeeded in reversing the negative earnings trend …

SSAB and Rautaruukki to combine through SSAB making a recommended share exchange offer to Rautaruukki’s shareholders

This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or any other country where such publication or distribution would violate applicable laws or rules or would require additional documents to be …

SSAB is investing in the environment –switching to natural gas

It is now confirmed that SSAB in Borlänge is converting one of the reheating furnaces in the Rolling Mill to natural gas. SSAB’s environmental target of reducing nitrogen oxide emissions to 300 tonnes/year will thereby be achieved. In addition, emissions of carbon dioxide will be reduced to 40,000 tonnes/year and the current emissions of 400 …

SSAB strengthens its presence in Holland

Hardox Wearparts Center Geha Beheer BV (Geha) is acquiring Laverman Holding BV  (Laverman) and forming Geha-Laverman. The new company will be a strong, complete supplier with a comprehensive range of wear products and services. In connection with the merger, SSAB – which currently holds a minority stake in Geha – is increasing its shareholding in …

SSAB Half-Year Report 2013

The quarter Sales of SEK 8,894 (10,816) million Operating profit/loss of SEK -115 (755) million Profit/loss after financial items of SEK -273 (609) million Earnings per share of SEK -0.44 (1.48) Operating cash flow of SEK 796 (948) million and cash flow from current operations of SEK 624 (495) million Comments by the CEO As …

SSAB strengthens its presence in northern UK

SSAB is acquiring JL Steel Services Ltd (JL Steel) in Stirling, Scotland. The company specialises in the manufacture and installation of wear parts, and repair services for customers within the mining, quarrying and recycling sectors in Scotland and northern England.  SSAB is acquiring JL Steel as part of its strategy of developing the local aftermarket …

SSAB steps up legal actions against Hardox copies

SSAB is the only producer of Hardox® wear plate. After several severe Hardox trademark infringements the company has decided to increase its legal actions to protect its intellectual property (IP) rights and its position in the market. SSAB, a world leading producer of high strength steel has successfully marketed its brands Hardox across the world. …