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SSAB AM

MaterialsSwedenFounded 1987· One of 961 Materials companies tracked by AMPulse

Swedish steel manufacturer with dedicated AM division (SSAB AM) producing low-alloyed steel powder for additive manufacturing

CEO / Founder
Johnny Sjöström (Group CEO)
Team Size
10000+
Stage
Public
Total Funding
Publicly Traded
Key Investors
Swedish state-owned LKAB; Finnish Government via Solidium; Industrivärden

Technology & Products

Key Products

SSAB AM Engineering (gas atomized low-alloyed powder for L-PBF); SSAB AM Tough (advanced high-strength steel powder); SSAB AM TS2 (low-alloyed powder for high-strength components/tooling); SSAB AM Tough Zero (fossil-free emission-free steel powder)

Technological Advantage

Proprietary steel compositions optimized for additive manufacturing; integration with SSAB's global raw material sourcing and quality control systems.

Differentiation

Value Proposition

High-strength steel powder designed for metal AM processes, reducing material waste and enabling complex geometries impossible with traditional manufacturing.

How They Differentiate

Established steelmaker transitioning AM expertise; vertically integrated raw material sourcing; proven alloy metallurgy for extreme environments (aerospace-grade).

Market & Competition

Target Customers

Industrial manufacturers, aerospace, automotive, tool & die makers

Industry Verticals

Aerospace; Automotive; Industrial Manufacturing; Tool & Die

Competitors

Sandvik Osprey (metal powder); Tekna (metal powder); Arcam (EBM powder supplier)

Growth & Milestones

Growth Metrics

2025 revenue for SSAB Europe: 39,433 million SEK; full SSAB net sales: SEK 103 billion; annual steel capacity 8.8 million tonnes across sites

Major Milestones

Formnext exhibition participant; Entry into additive manufacturing powder market; Launch of SSAB AM Engineering (2023); Launch of SSAB AM Tough Zero (world's first emission-free steel powder, March 2024); Partnership with LaserTool to bring AM in-house at Borlänge and Raahe sites (Feb 2026)

Notable Customers

Volvo Group