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SSAB logo — A Nordic and US-based steel company that has developed #SSAB...

SSAB

A Nordic and US-based steel company that has developed #SSABZero and #FossilFreeSteel.

Founded 1978 Sweden Sweden 5318 employees Grant Total: $500.00M Manufacturing

General Information

Company Name SSAB
Founded Year 1978
Location Sweden Sweden +1
Founders / Decision Makers
Team member
Employees 5318
Industries Manufacturing
Funding Stage Grant
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About SSAB

SSAB, founded in 1978, is a prominent Nordic and US-based steel company pioneering in sustainable steel production. The company's innovative products, including SSAB Fossil-free™ steel and SSAB Zero™, aim to transform the steel value chain with a significant reduction in carbon dioxide emissions. Focusing on building a stronger, lighter, and more sustainable world, their solutions set a benchmark in the Manufacturing industry.

Headquartered in Sweden, SSAB boasts a global presence in over 50 countries with production facilities in Sweden, Finland, and the US. Their significant achievement includes a recent $500.00M grant investment from the US Department of Energy as of 25 March 2024, underscoring confidence in their sustainable steel innovations. The company's listings on Nasdaq Stockholm and Nasdaq Helsinki amplify its market credibility and leadership in green steel technology.

Taxonomy: SSABZero, FossilFreeSteel, HighStrengthSteel, SustainableSteelProduction, CarbonEmissionReduction, RecycledSteel, BlastFurnaceProcess, ElectricArcFurnaces, ValueAddedSteelProducts, SteelServiceCenters, ProductionFacilities, InnovativeSteelSolutions, SteelFinishingLine, EndProductDurability, CostEfficientProduction

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 25 Mar 2024

SSAB Alternatives & Competitors

SSAB vs
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FAQ About SSAB

A Nordic and US-based steel company that has developed #SSABZero and #FossilFreeSteel.
SSAB was founded in 1978.
SSAB is headquartered in Sweden.
SSAB operates in the following industries: Manufacturing.
SSAB has approximately 5318 employees.
SSAB has completed 1 funding round, raising a total of $500.00M. The latest funding stage is Grant.
Top alternatives and competitors to SSAB include Outokumpu, FrigorTec, Gevo, Inc., BROCKHAUS Group, Xella Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SSAB and Outokumpu are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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