said that this acquisition supports its strategic target of global leadership in Q&T and advanced high-strength steels as, well as providing leading value-added services.
The biggest benefit of SSAB
Form Tube Plus tubes is in applications where tight fitting and very high surface quality are required, as in furniture manufacture.
, a leading manufacturer of highly specialised high strength steel products for global markets, said it intended to taka an industry lead in addressing end-users concerns and queries at a technical seminar organised at Dubai Novotel Al Barsha at the end of October.
Ozgur Yalcin, area sales manager at SSAB
Middle East, told Construction Week on the sidelines of the seminar that fleet owners know what's happening on the ground and are the best people to help manufacturers understand how they can improve their products.
In a press release, Sioux City said the partnership with SSAB
will help their customers "in a wide variety of industries, including: agriculture, construction, heavy transport, energy, and mining."
Under the terms of the deal announced in end-January, the target's shareholders received 0.4752 newly issued SSAB
class A shares and 1.2131 newly issued SSAB
class B shares per each Rautaruukki unit they own.
The target price has been increased because the brokerage expects demand for plates and SSAB
's niche products will improve as stronger growth in mining, energy and heavy transport sectors continues.
Swedish-based European telecomms operator Tele2 AB said on Wednesday (19 March) that it has secured a telephony contract from the Swedish steel group SSAB
Svenskt Stal AB (SSAB
He was careful to note that his personal views are not always the same as what gets articulated by the SSAB
or by AHCA, which tends to not follow Social Security policy per se.
added that over the past 20 years, it has increased Q&T volumes by an average of 7% a year.