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Ruukki and SSAB get go-ahead to combine

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 Read time: 1 min

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.

For more information on companies in this article

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