About SSAB
SSAB is a publicly listed company based in Stockholm (Sweden) founded in 1978. Manufacturer of steel products including sheet, plate, coil, tube, and profiles. It operates in the Industrial Goods & Manufacturing and Real Estate & Construction sectors. The company has 6,048 employees. SSAB has completed 3 acquisitions, including Abraservice, G&G Mining and Ruukki. Its chief executive, as recorded, is Johnny Sjostrom. Its website ssab.com draws about 255 thousand monthly visits. Its Indian entity Ssab Swedish Steel (India) Private Limited reported revenue of ₹376 Cr. SSAB offers products and services including Strenx, Hardox, GreenCoat, Toolox, and Armox. Its focus areas include Chemicals and Materials, Metals and Alloys, Steel and Real Estate and Construction.
Company details
Founded in 1978 and based in Stockholm, Sweden, SSAB is engaged in steel manufacturing. Sheets, plates, coils, tubes, and profiles are produced, along with structural, abrasion-resistant, metal-coated, tool, armor, and weathering steels. Tubular items, hollow sections, open sections, tailored sections, and precision tubes are supplied. Product engineering, processing, and technical support are offered as services.
- Headquarters Stockholm, Sweden
- Employees 6,048
- Stage Public
- SectorsIndustrial Goods & ManufacturingReal Estate & Construction
- Website category Heavy Industry and Engineering · Metals and Mining
- Email••••••••
- Phone•••• ••••
- Website ssab.com/en
- Social LinkedIn X Facebook
- Legal Name Ssab Ab Class A
- Indian entity revenue₹376 Cr
FY 2025 · -15% YoY
- Indian entity net profit₹7.80 Cr
FY 2025 · 2% margin
- Indian entity EBITDA₹14.82 Cr
FY 2025 · 4% margin
- Latest Funding Round$93.71K (USD), Grant
Oct 2023
- Investors
- Employee Count6,048
- Investments & AcquisitionsAbraservice
& 2 more
Associated legal entities of SSAB
SSAB operates through Ssab Swedish Steel (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ssab Swedish Steel (India) Private Limited CIN U28100MH2009FTC430897 | Active | 19 Feb 2009 | Thane, Maharashtra | ₹376 Cr | 20 | 2 | View details |
Products & Services of SSAB
SSAB offers a comprehensive portfolio of products and services, including Strenx, Hardox, GreenCoat, Toolox, and Armox.
High-strength steel for innovative load-bearing structures in various industries.
Abrasion-resistant steel for challenging environments and heavy equipment.
Color-coated steel for roofing and facades with sustainable properties.
Versatile steel for machine parts and high-speed manufacturing processes.
Protective steel for hazardous environments and security applications.
Funding Insights of SSAB
- Total Rounds 18
- Last Round Grant — $93,713
- Investors Count 1
Latest 10 of 18 funding rounds of SSAB with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $93,713 | Grant | – | – | |
| Sep 2023 | $46,993 | Grant | – | – | |
| Feb 2023 | $130,196 | Grant | – | – | |
| Jan 2023 | $87,689 | Grant | – | – | |
| Nov 2020 | $203,720 | Grant | – | – | |
| Jul 2019 | $528,740 | Grant | – | – | |
| Jun 2019 | $181,467 | Grant | – | – | |
| Jul 2018 | Grant | – | – | ||
| Oct 2017 | $333,927 | Grant | – | – | |
| Jul 2017 | $339,700 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in SSAB
SSAB has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for SSAB
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ssab Swedish Steel (India) Private Limited (SSAB)
Ssab Swedish Steel (India) Private Limited is the primary company behind SSAB. The board of Ssab Swedish Steel (India) Private Limited currently have 2 directors; the longest-serving is Lars Jorgen Gustafsson, appointed in 2016. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lars Jorgen Gustafsson DIN 07509749 | Director | 11 May 2016 | 10 yrs 6 mo | Ssab Swedish Steel (India) Private Limited |
| Varsha Velde DIN 08730745 | Director | 02 Mar 2020 | 6 yrs 8 mo | Ssab Swedish Steel (India) Private Limited |
People of SSAB
415 people are tracked at SSAB (123 in leadership, 13 in board & advisors, 279 in team); the tracked headcount is 6,048.
| Name | Role | Group |
|---|---|---|
Johnny Sjostrom | CEO & President | Leadership |
Anna Viefhues | Director ESG Reporting | Leadership |
Christina Friborg | EVP & Head of Sustainability | Leadership |
Martin Lindqvist | President & CEO | Leadership |
Charles Schmitt | EVP & Head of SSAB Americas | Leadership |
Sari Idman | Head Of Social Media | Leadership |
Peter Sundelin | Head Of IT Procurement | Leadership |
Rikard Robertsson | Production Director, Plate | Leadership |
Johnny Sjöström | EVP & Head of SSAB Special Steels | Leadership |
Jari Penttinen | Cio, Head Of IT And Digitalization, SSAB Europe | Leadership |
David Sears | Director, Safety And Security | Leadership |
Madhusoodhanan S. | Head Of Business Innovation, Intelligence & Sustainability | Leadership |
Fabio Ferreira Silva | Technical Director | Leadership |
Anders Einarsson | Head Of Group IT Operations | Leadership |
Karin Palmqvist | VP & Head Of Production | Leadership |
Thord Thorslund | Director Supply, Operations & Product Development | Leadership |
Kari Ojala | Director, Technical Development | Leadership |
Jaana Nauska | Head Of Global Business Services | Leadership |
Hans Erik Pedersen | Managing Director | Leadership |
Erin Reagan | Director, Supply Chain Sustainability | Leadership |
395 more people are available in the full profile.
Complete people profiles for SSAB
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of SSAB
SSAB is a publicly listed company on the OMXSTO with ticker symbol SSAB_A in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onOMXSTO: SSAB_A
- Listed entitySSAB AB Class A
- Exchange sectorProducer manufacturing
- ISINSE0000171100
- Share price102.60 SEK (+1.13% on the day) · 2026-10-14
- Market capitalisation101,632,345,550.00 SEK
- Price to earnings18.2
- EPS (diluted, trailing year)5.62 SEK
- Dividend yield1.97%
- Volume (last session)46,293
Financials of SSAB
Figures of Ssab Swedish Steel (India) Private Limited, the primary company behind SSAB, for FY 2025. Revenue was ₹376 Cr (-15% year on year). Net profit was ₹7.80 Cr (2% margin). EBITDA was ₹14.82 Cr (4% margin). Revenue has grown at a compounded annual rate of +8% over three years and +34% over five years.
- ₹376 CrRevenue · FY 2025 · -15% YoY
- ₹7.80 CrNet profit · 2% margin
- ₹14.82 CrEBITDA · 4% margin
- ₹49 LakhPaid-up capital
- 20Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 96.25B SEK | 4.90B SEK | 10.02B SEK |
| 2024 | 103.45B SEK | 6.52B SEK | 12.15B SEK |
| 2023 | 119.52B SEK | 13.03B SEK | 20.18B SEK |
| 2022 | 128.77B SEK | -10.89B SEK | 33.01B SEK |
| 2021 | 95.92B SEK | 14.66B SEK | 22.20B SEK |
Balance sheet, profit and loss, cash flow and ratios of Ssab Swedish Steel (India) Private Limited are on its company page.
Detailed financial statements for SSAB
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SSAB
SSAB has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Abraservice, G&G Mining and Ruukki.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Wear-resistant steel products and related solutions are supplied. | abraservice.com | 2001 | Jul 2019 | •••• | ||
Mobile mining and construction equipment is designed and manufactured. | ggmining.com | Perth, Australia | 1990 | Jun 2014 | •••• | |
Roofing solutions and construction services are provided by Ruukki. | ruukki.com | Helsinki, Finland | 1960 | Jan 2014 | $1.6B |
Complete acquisition details for SSAB
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of SSAB
6 dated milestones of SSAB across 45 years, from founding to its latest funding, stage changes and deals.
- Founded SSAB is founded.
- Funding First funding round.
- Acquisition Acquires Ruukki.
- Acquisition Acquires G&G Mining.
- Acquisition Acquires Abraservice.
- Funding Latest funding round, Grant, of $94K.
Web traffic of SSAB
The website of SSAB (ssab.com) receives about 254.6K visits a month and ranks #205,313 among all websites worldwide, #1,971 in Metals and Mining.
- Monthly visits254.6K
▲ 8.3% vs previous month
- Unique visitors98.5K
per month
- Global rank#205,313
among all websites
- Category rank#1,971
Heavy Industry and Engineering · Metals and Mining
- Bounce rate42%
- Pages per visit1.9
- Average visit49 sec
- DevicesDesktop 36% · Mobile 64%
Websites whose visitors overlap most with SSAB. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hardox.com | hardox.com | 100% | – | ||
| metalsusa.com | 93% | 15.2K | #1,693,229 | View details | |
| thyssenkrupp-steel.com | 86% | 75.9K | #466,514 | View details | |
| majesticsteel.com | 86% | 10.3K | #2,371,331 | View details | |
| steelorbis.com | 85% | 99K | #377,180 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SSAB
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ssab
Complete news archive for SSAB
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SSAB
SSAB was founded in 1978 and raised its 1st funding round 34 years after it was founded.
SSAB is headquartered in Stockholm, Sweden.
Johnny Sjostrom is the CEO of SSAB, as recorded in our data.
SSAB has 6,048 employees.
The primary company behind SSAB, Ssab Swedish Steel (India) Private Limited, reported revenue of ₹376 Cr for FY 2025, down 15% year on year.
Founded in 1978 and based in Stockholm, Sweden, SSAB is engaged in steel manufacturing. Sheets, plates, coils, tubes, and profiles are produced, along with structural, abrasion-resistant, metal-coated, tool, armor, and weathering steels. Tubular items, hollow sections, open sections, tailored sections, and precision tubes are supplied. Product engineering, processing, and technical support are offered as services.
SSAB offers Strenx, Hardox, GreenCoat, Toolox, and Armox.
Yes, SSAB is publicly traded on OMXSTO under the ticker symbol SSAB_A.
SSAB has made 3 acquisitions, including Abraservice, G&G Mining, and Ruukki.
SSAB has 1 investor. Key investors include European Union.
SSAB operates through Ssab Swedish Steel (India) Private Limited.
The legal entities of SSAB currently have 2 directors, including Lars Jorgen Gustafsson, Varsha Velde.