SSAB Overview
- Year Founded
-
1978
- Status
-
Public
- Employees
-
14,618
- Stock Symbol
-
SSAB A
- Investments
-
14
- Share Price
-
$6.14
- (As of Wednesday Closing)
SSAB General Information
Description
SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.
Contact Information
Website
www.ssab.comCorporate Office
- Klarabergsviadukten 70
- D6 Box 70
- 101 21 Stockholm
- Sweden
Corporate Office
- Klarabergsviadukten 70
- D6 Box 70
- 101 21 Stockholm
- Sweden
SSAB Stock Performance
As of 23-Apr-2025, SSAB’s stock price is $6.14. Its current market cap is $6.1B with 997M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $6.14 | $6.15 | $3.85 - $7.27 | $6.1B | 997M | 1.47M | $0.62 |
SSAB Financials Summary
As of 31-Dec-2024, SSAB has a trailing 12-month revenue of $9.5B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 2,651,298 | 2,651,298 | 6,266,631 | 4,818,800 |
| Revenue | 9,501,094 | 9,501,094 | 10,957,748 | 12,319,441 |
| EBITDA | 1,128,505 | 1,128,505 | 1,881,156 | (109,514) |
| Net Income | 616,683 | 616,683 | 1,225,786 | (1,073,056) |
| Total Assets | 10,035,619 | 10,035,619 | 10,790,439 | 10,516,977 |
| Total Debt | 920,107 | 920,107 | 1,062,844 | 1,023,409 |
SSAB Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
SSAB Comparisons
Industry
Financing
Details
SSAB Competitors (29)
One of SSAB’s 29 competitors is Acerinox, a Corporation company based in Madrid, Spain.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Acerinox | Corporation | Madrid, Spain | ||||
| United States Steel | Corporation | Pittsburgh, PA | ||||
| Cleveland-Cliffs | Corporation | Cleveland, OH | ||||
| ArcelorMittal | Corporate Backed or Acquired | Luxembourg, Luxembourg | ||||
| Nucor | Corporation | Charlotte, NC |
SSAB Patents
SSAB Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| ES-2664996-T3 | Vehicle frame configuration | Active | 27-Nov-2012 | ||
| AU-2013352660-A1 | Frame configuration for vehicles | Active | 27-Nov-2012 | ||
| US-9487245-B2 | Frame configuration for vehicles | Inactive | 27-Nov-2012 | ||
| EP-2925589-A1 | Frame configuration for vehicles | Active | 27-Nov-2012 | ||
| EP-2925589-B1 | Frame configuration for vehicles | Inactive | 27-Nov-2012 | B62D21/02 |
SSAB Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
SSAB Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
SSAB Investments & Acquisitions (14)
SSAB’s most recent deal was a Merger/Acquisition with Astralloy Steel Products. The deal was made on 01-Apr-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Astralloy Steel Products | 01-Apr-2021 | Merger/Acquisition | Distributors/Wholesale | ||
| Abraservice | 31-Oct-2019 | Merger/Acquisition | Industrial Supplies and Parts | ||
| Sanistål (Steel Distribution Business) | 09-Nov-2018 | Merger/Acquisition | Buildings and Property | ||
| Hybrit (LKAB koncernens gemensamma pensions- stiftelse/ SSAB/ Vattenfall) | 28-Jun-2017 | Joint Venture | Other Energy | ||
| G&G Mining Fabrication | 01-Jan-2015 | Secondary Transaction - Private | Industrial Supplies and Parts |
SSAB ESG
Risk Overview
Risk Rating
Updated March, 28, 2025
23.45 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Steel
Industry
of 157
Rank
Percentile
Steel
Subindustry
of 157
Rank
Percentile
SSAB Exits (5)
SSAB’s most recent exit was on 01-Jan-2015 from G&G Mining Fabrication. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| G&G Mining Fabrication | 01-Jan-2015 | Completed |
|
||
| G&G Mining Fabrication | 13-Jun-2014 | Completed |
|
||
| Industrikraft i Sverige | 27-Dec-2011 | Completed |
|
||
| Ovako Metals | 24-May-2011 | Completed |
|
||
| Norsk Stal | 28-Feb-1995 | Merger/Acquisition | Completed |
|
SSAB Affiliates
Subsidiaries (12)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Ssab Finance Ireland Designated Activity Company | Dublin, Ireland | 2016 | |
| Norrkopings Handelsstaal | Norrkoping, Sweden | 2005 | |
| Borlange Handelsstaal | Borlange, Sweden | 2004 | |
| Mjölby Handelsstål | Mjolby, Sweden | 1994 | |
| Ruukki Polska | Żyrardow, Poland | 1993 |
SSAB FAQs
-
When was SSAB founded?
SSAB was founded in 1978.
-
Where is SSAB headquartered?
SSAB is headquartered in Stockholm, Sweden.
-
What is the size of SSAB?
SSAB has 14,618 total employees.
-
What industry is SSAB in?
SSAB’s primary industry is Industrial Supplies and Parts.
-
Is SSAB a private or public company?
SSAB is a Public company.
-
What is SSAB’s stock symbol?
The ticker symbol for SSAB is SSAB A.
-
What is the current stock price of SSAB?
As of 23-Apr-2025 the stock price of SSAB is $6.14.
-
What is the current market cap of SSAB?
The current market capitalization of SSAB is $6.1B.
-
What is SSAB’s current revenue?
The trailing twelve month revenue for SSAB is $9.5B.
-
Who are SSAB’s competitors?
Acerinox, United States Steel, Cleveland-Cliffs, ArcelorMittal, and Nucor are some of the 29 competitors of SSAB.
-
What is SSAB’s annual earnings per share (EPS)?
SSAB’s EPS for 12 months was $0.62.
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