SSAB Earmarks SEK3.3 Billion for New Specialty Steel Production Line in Sweden


18 maj, 12:24

06:24 AM EDT, 05/18/2026 (MT Newswires) -- SSAB (SSAB-A.ST, SSAB-B.ST, SSABAH.HE, SSABBH.HE) will invest 3.3 billion kronor over the next four years in a new quenching line at SSAB Special Steels'production site in Oxelösund, Sweden.

The new line aims to boost the unit's production of advanced wear and protection steels, with an initial additional capacity of 100,000 tonnes, starting in 2030, the steel manufacturer said Monday.

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