SSAB

The European edition of the Fortune 500, ranking companies by revenue.

Fortune 500 Europe

The first-ever European edition of the Fortune 500, ranking companies by revenue. 

F500 EUROPE 2023 SSAB 7005_PressurePipes_OulainenTubeMill

SSAB ranks 277 with $12.7 billion in revenue (up 13.9%). The Sweden-headquartered metals company has 15,096 employees and made a loss of $1.1 billion (down 163%).

As we face unprecedented collective challenges, cooperation has become a business superpower.

52.CTW20.SSAB

The steelmaker has joined miner LKAB and power company Vattenfall in HYBRIT—an ambitious Swedish venture to make fossil-fuel-free steel. Rather than burning coal in the CO2-intensive iron production process, HYBRIT uses hydrogen and electricity from emissions-free sources. <span data-ogsc="black">The product won’t be commercially available until 2026, but HYBRIT’s pilot plant started operations in August.</span>

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