SSAB AB 2012 AR2
The report highlights SSAB's performance and strategic developments for the fiscal year 2012. Despite a challenging global steel market and weakened demand, the company completed major strategic capital expenditure projects, including new quenching lines in Mobile and Borlänge, and a finishing line in Kunshan. SSAB launched an efficiency program to reduce fixed costs and increase operational flexibility, aiming for profitability at 70% capacity utilization. The company continued its focus on safety, achieving a reduction in accident frequency to 7.5 injuries per million working hours, and participated in key environmental initiatives such as the Baltic Sea carbon dioxide capture and storage project.
Company: SSAB AB
Sector: Materials
Country: Sweden
Year: 2012
Type: AR2
Pages: 122
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SSAB AB
Annual Report
The report highlights SSAB's performance and strategic developments for the fiscal year 2012. Despite a challenging global steel market and weakened demand, the company completed major strategic capital expenditure projects, including new quenching lines in Mobile and Borlänge, and a finishing line in Kunshan. SSAB launched an efficiency program to reduce fixed costs and increase operational flexibility, aiming for profitability at 70% capacity utilization. The company continued its focus on safety, achieving a reduction in accident frequency to 7.5 injuries per million working hours, and participated in key environmental initiatives such as the Baltic Sea carbon dioxide capture and storage project.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees