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Media contacts Subscribe for press releasesThe 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
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.
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.
Steel manufacturer SSAB and container manufacturer ILAB Container AB have signed an agreement to collaborate on the development of containers made of fossil-free steel.
Ruukki Construction, part of SSAB, has signed an agreement with travel company Experience Pyhä Oy on the delivery of Ruukki® Classic LowCarbon roofs made of SSAB Fossil-free™ steel to the investment company's ecological holiday destination in Pyhätunturi, Finnish Lapland. In the future, roofing such as pilot roofs installed in Honkatalot™ villas will have up to 70% lower climate impact than those made of traditionally manufactured steel.
Since upgrading to Hardox® 500 Tuf wear steel, ITC has reduced the weight of its tippers and containers by 35 percent. The result is lighter, more durable products, and ultimately increased payload capacity for its customers.
The last few years has seen Thompsons become a true market leader in the UK. One of the explanations for this is its tipper bodies made of both Hardox® 500 Tuf and Strenx® 900MC steel, which have reduced tipper body weight by up to 500 kilos. This in turn has meant that customers have received tippers with increased load capacity.
Since making Hardox® 500 Tuf steel its material of choice, leading Saudi Arabian heavy-transport equipment manufacturer Al Jeathen has seen its products last longer, weigh less and become more sustainable.