As communicated in July, SSAB has agreed to divest Ruukki Construction’s business operations in Russia (OOO Ruukki Rus) to the Russian company OAO Salavatneftemash. The transaction has received the approval of the Russian competition authorities and has now been completed. The transaction excludes the right to the Ruukki brand.
Spanish welded steel tube specialist Bornay S.L. has ordered an HF (High Frequency) tube welding line, type RD 40, from SMS group for its Alicante works. SMS group is the single-source supplier of all technical equipment from strip preparation to the cut-off-saw.
SSAB and welding solutions company Kemppi have successfully piloted sending material certificates automatically from SSAB’s SmartSteel cloud to welding equipment.
SSAB’s subsidiary Tibnor has agreed to acquire the steel distribution business of the Danish company Sanistål A/S, Denmark’s second largest steel distributor. This supports SSAB’s strategic target to strengthen its Nordic home market position.