SSAB continues to invest in quenched steels
SSAB will resume the project for a new advanced line for quenched and tempered (QT) steel plate in Mobile, Alabama. In addition, a decision has been taken to construct a finishing line at SSAB’s plate center in Kunshan, China. Together, the investments total SEK 2.2 billion (approximately US$ 300 million).The QT line in Mobile is a part of the major investment program announced in August 2008. Following a review of the program, a decision has been taken to implement the investment in Mobile, after some adjustments, with a new quenching line that will increase capacity for QT plate by