The second quarter · Revenue was SEK 28,282 (31,777) million · Operating result was SEK 2,969 (4,963) million · Earnings per share were SEK 2.43 (3.81) · Net cash was SEK 14.1 (11.7) billion
The Alabama Department of Environmental Management (ADEM) recently awarded SSAB Alabama Inc., a $361,100 grant to complete a scrap tire derived crumb rubber study in the electric arc furnace (EAF) steelmaking process. Funding for this project will be used to purchase the crumb rubber and the specialized equipment for injecting this material into the EAF. This funding will also be used to work with a third-party engineering company to conduct an off-gas emissions study and subsequent report. Liberty Tire and Recycling is providing the crumb rubber for the trial.
SSAB and Danieli have signed an Early Service Agreement (ESA) on the pre- and engineering phase for the Luleå mini-mill project in Sweden. Under the agreement, Danieli will supply a highly-automated technology solution for the new mini-mill, consisting of two electric arc furnaces, secondary metallurgy, caster and strip mill.
SSAB invites you to a presentation of the Q2 2024 report at 9.30am CEST on Wednesday, July 24, 2024. The report will be published at approximately 7.30am CEST on the same date.
Wibe Group and SSAB have reached an agreement on deliveries of fossil-free steel to be used in Wibe Group’s cable management systems, such as cable ladders and cable trays. The move fits seamlessly with both companies’ ambition to reduce carbon emissions and is a natural step in their long-standing collaboration.
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