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Sweden's SSAB accelerates transition to premium steel-Metal Exhibition-Steel Exhibition-2026 China (Guangzhou) International&
nbsp;Metal & Metallurgy Industry Exhibition
11/11/2025 金属展-冶金展-钢铁展-steel expo-metal & metallurgy expo |
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Swedish specialty steelmaker SSAB has unveiled its strategic plan to accelerate growth of its premium offering.with the focus on the most attractive customer seqments, revealing ambitious targets to shift the companyfurther up the value chain and expand profitability through premium-steel leadership.strategic targets and milestones
The plan foresees premium steels accounting for 65 percent of total shipments by around 2030, up from 55percent today, and 75 percent by 2035. $SAB has also set a goal to achieve an over-cycle EBITDA of aboutSEK 23 bilion after 2030, compared to approximately SEK 14 billion in the previous cycle.
SSAB''s new strategy revolves around three growth levers: upgrading its product mix toward higher-valueadvanced steels, strengthening value-added service solutions through its Ruukki and Tibnor networks, andexpanding shipments of decarbonized steel. Within five years, the company expects SSAB Europe to deliveraround one million mt of fossil-free steel to customers across key sectors.
Major capital investments underpin this strategy. A �4.5 bilion mini-mil in Luleà, Sweden, wil replace existingblast furnaces, significantly reducing emissions and production costs. SSAB wil also convert its Raahe mill inFinland to electric arc furnace technology, aligning operations with the company''s climate goals and enhancingflexibility in raw material sourcing.
The transformation will also deliver structural eficiency gains, lower production costs and a more balancedproduct portfolio across the automotive, construction and heavy machinery sectors.
金属展-冶金展-2026广州巨浪国际金属暨冶金工业展览会-Metal Exhibition-Steel Exhibition-2026 China (Guangzhou) International Metal & Metallurgy Industry Exhibition
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