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Home Truck Industry News

SSAB targets growth in Australia

by Luke Applebee
March 18, 2026
in SSAB Australia, Truck Industry News
Reading Time: 3 mins read
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Image: SSAB.

Image: SSAB.

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SSAB is strengthening its presence in Australia as part of a broader push to expand sales of premium and low-emissions steel products.

The company, which operates in more than 50 countries, confirmed in its 2025 annual report that high-strength and quenched and tempered steels are sold worldwide, with Australia included among its global markets.

SSAB’s Australian activities are largely driven through its Special Steels division which supplies advanced high-strength steels used across heavy transport, construction machinery and mining equipment – key sectors for the local trailer and transport industry. The division maintains a global distribution and support network designed to service both large OEMs and smaller operators.

The company continues to position its premium products, such as wear-resistant and structural steels, as a way for transport operators to reduce tare weight, increase payloads and improve durability. These attributes are particularly relevant in Australia’s demanding linehaul and off-road applications where equipment longevity is critical.

A major focus for SSAB in all markets, including Australia, is the rollout of its decarbonised steel offering. The company’s SSAB Zero product, made using recycled scrap and fossil-free energy, is now commercially available and aimed at customers seeking to reduce emissions across their supply chains.

This aligns with broader industry trends, as transport operators and OEMs face increasing pressure to decarbonise fleets and equipment. SSAB noted that many of its largest customers globally have set clear targets to reduce carbon footprints, driving demand for low-emissions materials.

While market conditions in 2025 were described as challenging, particularly in Europe, SSAB reported that demand for premium steels remained more stable than for standard products, underlining the resilience of its higher-value offering.

SSAB is targeting further growth in advanced steels and value-added services, with an ambition to lift premium products to 65 per cent of shipments by 2030.

For the Australian trailer market, SSAB’s continued investment in high-performance and low-emissions steel signals ongoing opportunities for manufacturers to adopt lighter, stronger and more sustainable materials.

SSAB recorded 2025 revenue of about $14.6 billion and an operating result nearing $1 billion, underpinned by strong cash flow and a net cash position.

“Our strategic direction is clear,” said SSAB President and CEO, Johnny Sjöström.

“We will continue to grow through advanced steels, value-add services and decarbonised steels.”

In other news, Tasman Logistics Services has announced the opening of a new facility in Altona, Victoria.

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