SSAB

SSAB NEWSROOM (166 press releases)

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Hiab Unveils Groundbreaking Electric Hooklift, Paving the Way for Sustainable Urban Logistics

PRESS RELEASE -- 23, August 2024

(IN BRIEF) Hiab, part of Cargotec, has launched the MULTILIFT eULTIMA, the world’s first plug-and-play hooklift designed specifically for electric trucks. This innovative product integrates seamlessly with electric truck systems, offering silent operation and enhanced energy efficiency. The MULTILIFT eULTIMA … Read the full press release

Vattenfall Reports Strong Financial Performance and Renewable Energy Milestones in Q1 2024

PRESS RELEASE -- 30, April 2024

(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release

SSAB and Nordec Forge Partnership for Fossil-Free Steel Supply Chain Efficiency

PRESS RELEASE -- 29, April 2024

(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release

SSAB CEO Martin Lindqvist Steps Down After 26 Years for New Board Career

PRESS RELEASE -- 8, April 2024

(IN BRIEF) After 26 years with SSAB, Martin Lindqvist, the President and CEO for the past 13 years, has announced his decision to step down to focus on his board career. During his tenure, Lindqvist led SSAB through significant transformations, … Read the full press release

SSAB to Build State-of-the-Art Fossil-Free Mini-Mill in Luleå, Sweden

PRESS RELEASE -- 2, April 2024

(IN BRIEF) SSAB’s Board of Directors has approved the construction of a cutting-edge fossil-free mini-mill in Luleå, Sweden, marking a significant step in the company’s transition to sustainable steel production. The new mill, with a capacity of 2.5 million tons … Read the full press release

ESS and Alfa Laval Spearhead Sustainable District Heating Initiative in Lund, Sweden

PRESS RELEASE -- 12, March 2024

(IN BRIEF) The European Spallation Source (ESS) and Alfa Laval are leading a groundbreaking initiative to connect recovered, fossil-free waste heat from ESS to Lund’s district heating network in Sweden. Alfa Laval will provide heat exchangers using emission-free steel from … Read the full press release

EcoDataCenter Adopts Recycled Steel Heat Exchangers to Slash Data Center Carbon Emissions

PRESS RELEASE -- 10, January 2024

(IN BRIEF) EcoDataCenter, a leading sustainable data center provider, is set to make an industry-first move by deploying Alfa Laval heat exchangers made from recycled steel produced without new CO2 emissions from SSAB. This collaboration marks a significant step towards … Read the full press release

SSAB AB Repurchases 1.8 Million Shares as Part of Capital Structure Adjustment

PRESS RELEASE -- 28, December 2023

(IN BRIEF) Between December 18 and 22, 2023, SSAB AB (publ) has repurchased a total of 1,848,850 of its own shares, consisting of 466,854 shares of series A and 1,381,996 shares of series B. This buyback is part of a … Read the full press release

Scania Implements Mandatory Green Purchasing Requirements to Drive Supply Chain Decarbonization

PRESS RELEASE -- 24, November 2023

(IN BRIEF) Scania, a leader in the transportation industry, has announced a significant step in its commitment to sustainability by making its supply chain decarbonization target mandatory for purchasing requirements. The company aims to transform its supply chain by targeting … Read the full press release

Scania and SSAB Join Forces to Achieve Full Decarbonization of Steel Deliveries for Heavy-Duty Vehicles by 2030

PRESS RELEASE -- 14, November 2023

(IN BRIEF) Scania and SSAB, two leading companies in the transportation and steel industries, have signed a letter of intent to eliminate carbon emissions from all steel deliveries from SSAB to Scania’s heavy-duty vehicles by 2030. This ambitious goal includes … Read the full press release

Swedish Collaboration Pioneers Sustainable Construction with Fossil-Free Steel Building

PRESS RELEASE -- 8, November 2023

(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release