Releases - SSAB

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2007

 

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High strength steels strengthen the concrete industry

11/30/2007 4:32 AM EST
Lighter, tougher and safer on the road. By using advanced high strength steels, the Spanish company Baryval-Serviplem S.A. has developed a new semi-trailer with a concrete mixer, which has 20 per cent higher load-carrying capacity.
Baryval-Serviplem S.A. has put to use the potential of advanced high strength steel in an innovative way to produce a semi-trailer that delivers a number of benefits. It combines...

Swedish Steel Prize to Baryval Serviplem of Spain

11/30/2007 4:26 AM EST
Fewer transport trips and quicker construction. This is the vision opened by the semitrailer with concrete mixer that has been voted the best high strength steel design for 2007. Behind the design is the Spanish company Baryval Serviplem that has been awarded the Swedish Steel Prize 2007 for its work. The Prize was presented in conjunction with a gala dinner at the Berns Banqueting Hall in Stockholm on 29 November.

Leak inquiry finalized

11/2/2007 6:26 AM EST
SSAB has carried out an internal inquiry into the leak which occurred prior to publication of the company’s report for the third quarter of 2007. SSAB has concluded that the information security routines were deficient. The company will now rectify these deficiencies so that similar events do not occur again. Contact: Helena Stålnert Executive Vice President Communications +46 76 117 4142

SSAB investigates leak

10/29/2007 2:11 PM EST
SSAB has noted that information regarding the third quarter report leaked out before it had been made public. The company has therefore established an internal inquiry to investigate how the leak could have happened.

- ”We view what has happened extremely seriously. It is not acceptable that this sort of thing should occur,” says Helena Stålnert, Information Director at SSAB.

- ”If it proves to be the case...

Continued strong growth in SSAB

10/29/2007 7:58 AM EST
SSAB once again presents strong third quarter results. Sales amounted to SEK 13,686 (7,020) million, of which SEK 5,838 million is attributable to the acquisition of the North American steel company, IPSCO. Profit before depreciation (EBITDA) and non-recurring items amounted to SEK 2,956 (1,289) million.

The single most important event during the quarter was that SSAB completed the acquisition of IPSCO. During...

Third quarter 2007

10/29/2007 7:58 AM EST
The quarter
• Sales during the third quarter amounted to SEK 13,686 (7,020) million, of which SEK 5,838 million derive from IPSCO.

• Profit (EBITDA) amounted to SEK 1,946 (1,366) million and, excluding non-recurring items, to SEK 2,956 (1,289) million. Operating profit amounted to SEK 1,255 (1,127) million and, excluding non-recurring items, to SEK 2,265 (1,050) million. Profit after financial items amounted to...

SSAB inaugurates Plate Center in China

8/30/2007 4:07 AM EST
Today SSAB inaugurated a new plate center for warehouse and wear parts processing in China, the first for SSAB in the Asia-Pacific region. Approximately 100 million RMB was invested in the new Kunshan Plate Center. It occupies an area of 50,000 sq.m. in all and can store over 20,000 tonnes of steel plate. It is a state-of-the-art advanced wear parts processing center.

SSAB’s SEK 10 bn rights issue fully subscribed

8/30/2007 2:30 AM EST
This information is not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong or Japan. (Please read the information at the end of this press-release).
SSAB is pleased to announce its rights issue has been fully subscribed. SSAB will receive gross proceeds of approximately SEK 10 billion from the offer.

48,153,166 class A shares and...

SSAB establishes terms and conditions for the rights issue

7/24/2007 2:00 AM EST
This information is not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong or Japan. (read the information at the end of this press-release).
Terms and conditions for the rights issue
Pursuant to authorization granted by the extraordinary general meeting held on July 10, 2007, SSAB's Board of Directors has now established the terms and...

Information Regarding IPSCO’s Half Year Result

7/19/2007 2:49 AM EST
SSAB’s acquisition of IPSCO Inc. on July 18, 2007 means that IPSCO Inc. will be consolidated in the SSAB Group from that date. IPSCO Inc’s requirement to issue a report on the second quarter 2007 also ceased by this date.

Since Division IPSCO will constitute a substantial part of the consolidated results and assets of SSAB, a summary of IPSCO’s financial information with respect to the first half year 2007 is...

SSAB

SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to reach a stronger, lighter and more sustainable world. SSAB employs 9 200 people in ov...

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  • Tommy Löfgren
  • Director External Communications
  • +46 705 259 414
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