SSAB strengthens its presence in Australia
SSAB has signed an agreement to acquire 51% of the shares of G&G Mining Fabrication Pty Ltd in Perth, Western Australia. The company specializes in the refurbishment, manufacture and design of large fabrications for heavy earth moving equipment, with focus on backhoe, loader and face shovel buckets and service modules for the West Australian mining industry.The investment represents a significant advancement of SSAB’s strategy to grow its presence in the aftermarket for wear parts and service and develop SSAB’s customer offering. “With this acquisition, SSAB takes one further step