SSAB AB

Common Name
SSAB
Country
Sweden
Sector
Basic Materials
Industry
Steel
Employees
14,637
Ticker
SSAB A
Exchange
NASDAQ STOCKHOLM AB
Description
SSAB AB (publ) engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Stee...

SSAB Energy Data Preview

In 2023, SSAB disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

SSAB also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Finally, SSAB also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate SSAB's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
0000000
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Insights into SSAB's Energy Consumption & Production Mix

In 2023, SSAB disclosed detailed information on the sources and generation technologies of the energy it produced. This disclosure enables a clearer assessment of the SSAB's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

What are the main sources or generation technologies used by SSAB to produce energy?

In 2023, SSAB's energy production came primarily from

  • Other Gaseous Fuel (100%)

How diverse is SSAB’s energy production mix?

In 2023, SSAB produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Other Gaseous Fuel alone making up 100% of total output.

SSAB's Energy Produced by Sources and Technologies

Other Gaseous Fuel(100.0%)

Insights into SSAB's Energy Inflows & Self-Sufficiency

In 2023, SSAB reported total energy inflows of 32.91 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 28.88 million Gigajoules purchased from external suppliers and 4.04 million Gigajoules generated through internal production. This corresponds to a production share of 12.26%, reflecting a 68.97% percentage point increase from the previous year (2022) and a 70.22% percentage point increase since 2019.

SSAB's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

SSAB's Energy Purchased vs Produced Over Time

2019202020212022202308.5 M17 M25.5 M34 MGigajoules (GJ)12%13%14%12%12%88%87%86%88%88%
  • Total Energy Produced
  • Total Energy Purchased
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