The combined company will continue to serve the customers with a broad offering within high-strength steels, standard strip and plate products as well as tubular products.
It will be a Nordic and US –based steel company with a global reach and local service. The proposed combination enhances the capacity to invest more in product development, R&D and collaborate closely with the customers.
The construction businesses of both companies (Ruukki Building Products and Ruukki Building Systems as well as S
July 16, 2014
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The combined company will continue to serve the customers with a broad offering within high-strength steels, standard strip and plate products as well as tubular products.
It will be a Nordic and US –based steel company with a global reach and local service. The proposed combination enhances the capacity to invest more in product development, R&D and collaborate closely with the customers.
The construction businesses of both companies (Ruukki Building Products and Ruukki Building Systems as well as 7798 SSAB’s Plannja) will be combined to form a separate and focused business unit.
The 1022 European Commission’s approval for the combination with Ruukki is conditional on a commitment by SSAB to divest certain assets within its Nordic Steel Distribution system and Finnish construction business.