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                                                Acquisitions and divestments

                                                Closed  Transaction type  Company/Business  Description 
                                                Nov 2019 Acquisition Abraservice Holding

                                                SSAB acquired Abraservice Holding, which provides wear parts and complete
                                                solutions in quenched and tempered steels (Q&T). 

                                                Jun 2019 Divestment   Heléns Rör AB  SSAB  divested its 25% shareholding in Heléns Rör AB in Sweden to Benteler. 
                                                Apr 2019 Acquisition  Sanistål’s steel distribution business  SSAB’s subsidiary Tibnor acquired the steel distribution business of the
                                                Danish company Sanistål A/S, Denmark’s second largest steel distributor. 
                                                Nov 2018 Divestment  Ruukki Construction's business operations in Russia SSAB divested Ruukki Construction's business operations in Russia. 
                                                Mar 2015  Divestment Halmstad Steel Service Center  SSAB divested Halmstad Steel Service Center in Sweden to Tata Steel
                                                Mar 2015  Divestment
                                                Halmstad Steel Service Center
                                                SSAB divested Naantali Steel Service Center in Finland to Tata Steel
                                                Mar 2015  Divestment  Norsk Stål Tynnplater  SSAB divested 50 percent of the shares in Norsk Stål Tynnplater AS
                                                in Norway  to Tata Steel
                                                Mar 2015  Divestment
                                                Tibnor Oy SSAB divested Tibnor Oy in Finland to Ovako AB
                                                Mar 2015
                                                Divestment
                                                Norskt Stål AS SSAB divested 50 percent of the shares in Norsk Stål AS
                                                in Norway to Leif Hübert AS
                                                Feb 2015  Divestment
                                                Plannja Oy SSAB divested Plannja Oy in Finland to Metehe Oy
                                                Dec 2014  Joint venture Manga LNG Oy

                                                SSAB invested in Manga LNG Oy, a project company aiming to build a
                                                liquefied natural gas (LNG) terminal in Tornio, Finland.
                                                Manga LNG Oy is a joint venture of Outokumpu Oyj, SSAB, Skangass and
                                                EPV Energia Oy. SSAB's share of the terminal project is 25 percent.

                                                Jul 2014  Acquisition Rautaruukki Corporation SSAB and Rautaruukki combined through recommended share exchange offer to
                                                Rautaruukki’s shareholders
                                                Jun 2014 Acquisition  G&G Mining Fabrication Pty Ltd. SSAB acquired 51 percent of the shares in G&G Mining Fabrication Pty Ltd in
                                                Perth, Western Australia.The company specializes in refurbishment, manufacturing
                                                and design of large fabrications for heavy earth moving equipment, with focus on
                                                backhoe, loader and face shovel buckets and service modules
                                                Aug 2013 Joint venture
                                                Laverman Holding BV SSAB combined its Hardox Wearparts Center Geha Beheer BV (Geha) with
                                                Laverman Holding BV (Laverman).The combined Geha-Laverman is a strong,
                                                complete supplier with a comprehensive range of wear products and services.
                                                SSAB's ownership in the combined company is 51 percent 
                                                Jun 2013  Acquisition JL Steel Ltd SSAB acquired JL Steel Ltd, a company specializing in manufacturing and
                                                installation of wear parts, and repair services for customers within the mining,
                                                quarrying and
                                                recycling sectors in Scotland and northern England 
                                                Mar 2014 Joint venture Raahen Voima Oy Rautaruukki and EPV Energia Oy established a joint venture company Raahen
                                                Voima Oy, with the aim of acquiring Ruukki's existing power plant business and
                                                investing in modernising the plant. Ruukki owns 75% of the new company and
                                                EPV 25% 
                                                Dec 2012 Divestment Ruukki Tisza Zrt and Ruukki Slovakia s.r.o as well
                                                 as net assets of Wroclaw, Kurikka, Sepänkylä and Kalajoki
                                                component factory units
                                                Rautaruukki and funds managed by CapMan combined units of Komas
                                                and units of Rautaruukki's former Engineering division to form a new company
                                                Fortaco, a supplier of sub-assemblies to engineering industry 
                                                Jun 2012
                                                Acquisition Plåtleverantören i Stockholm AB  Rautaruukki expanded its Ruukki Express chain for professional roofers and
                                                builders through acquisition of Plåtleverantören i Stockholm AB 
                                                Jun 2012
                                                Divestment Plannja's panel production SSAB divested sandwich panel and decking profile business primarily located in
                                                Luleå, Sweden to Lindab 
                                                Feb 2012 Acquisition  E.M Eriksson Steel Service Center AB SSAB acquired E.M Eriksson Steel Service Center AB, a Swedish company
                                                specializing in high strength steel laser cutting, high definition plasma cutting,
                                                shear cutting and bending 
                                                Sep 2011  Acquisition  Hard Wear Inc. SSAB acquired Hard Wear Inc, a company servicing large buckets used in heavy
                                                machinery and fabricating steel plate for reinforcing wear surfaces on industrial
                                                equipment in Alabama, USA 
                                                May 2011 Acquisition
                                                Tibnor AB SSAB became the sole owner of steel and non-ferrous metals distributor Tibnor
                                                by acquiring Outokumpu’s 15 percent minority share in the company 
                                                Mar 2011 Acquisition
                                                Oulun Peltituote Oy Rautaruukki expanded its Ruukki Express chain for construction professionals in
                                                Finland through acquisition of business activities of Oulun Peltituote Oy 
                                                Apr 2010 Acquisition
                                                SeeBA Technik GmbH Rautaruukki acquired wind turbine tower design, erection and maintenance
                                                operations of SeeBA Technik GmbH in Germany 
                                                Feb 2009
                                                Acquisition
                                                Skalles Eiendomsselskap AS 

                                                Rautaruukki acquired Norwegian steel frame constructor Skalles
                                                Eiendomsselskap AS

                                                Dec 2008 Acquisition
                                                UAB Gensina Rautaruukki acquired Lithuanian steel frame constructor UAB Gensina 
                                                Nov 2008 Divestment Colour-coating line in Gävle Rautaruukki divested color-coating line in Gävle, Sweden 
                                                Jun 2008 Divestment
                                                IPSCO Tubulars SSAB divested its North American tubular operations to Evraz
                                                Jun 2008 Divestment
                                                Carl Froh GmbH Rautaruukki divested its German precision tube company Carl Froh
                                                GmbH to German Arques Industries AG 
                                                Apr 2008 Aquisition Hybri-Steel Oy Rautaruukki acquired the laser and hybrid welding operations of Finnish
                                                Hybri-Steel Oy
                                                Feb 2008 Aquisition
                                                Wolter Metallverarbeitung GmbH Rautaruukki acquired Wolter Metallverarbeitung GmbH, a German
                                                manufacturer of telescopic booms for mobile cranes
                                                Nov 2007 Divestment Ruukki Welbond BV, Ruukki Betongstahl GmbH Rautaruukki divested reinforcing steel business of Ruukki Betonstahl GmbH
                                                in Germany and Ruukki Welbond BV in Netherlands to Saudi Arabian
                                                Al-Tuwairqi Group 
                                                Jul 2007
                                                Aquisition
                                                IPSCO Inc. SSAB acquired IPSCO, a leading producer of energy tubulars and steel
                                                plate in North America, through a recommended public cash offer 
                                                May 2007
                                                Aquisition
                                                Aprítógépgyár Zrt.
                                                Rautaruukki acquired Aprítógépgyár Zrt. in Hungary, a supplier to lifting,
                                                handling and transportation equipment industry 
                                                Apr 2007 Aquisition
                                                Scanbridge AS Rautaruukki acquired Scanbridge AS, a Norwegian steel bridge supplier 
                                                Mar 2007  Aquisition
                                                Steinwalls Plåt AB SSAB acquired Steinwalls Plåt AB, a Swedish sheet metal construction
                                                components and ventilation supplier 
                                                Jan 2007 Aquisition
                                                AB Omeo Mekaniska Verkstad Rautaruukki acquired AB Omeo Mekaniska Verkstad in Sweden, a supplier
                                                to lifting, handling and transportation equipment industry 
                                                Nov 2006 Divestment Oy Ovako AB Rautaruukki, AB SKF and Wärtsilä Corporation divested operating companies
                                                owned by Oy Ovako Ab to a company owned by the shareholders of Hombergh
                                                Holdings BV, WP de Pundert Ventures BV and Pampus Industrie Beteiligungen
                                                GmbH & Co. KG. Ovako was established in May 2005, when Rautaruukki,
                                                AB SKF and Wärtsilä combined their long steel businesses into a jointly
                                                owned new company
                                                Jun 2006 Aquisition  OOO Ventall Rautaruukki acquired Russian steel constructor OOO Ventall
                                                Jun 2006
                                                Aquisition
                                                AZST-Kolor CJSC Rautaruukki acquired AZST-Kolor CJSC, a company operating color
                                                coating line in Antratsit, Ukraine 
                                                Mar 2006 Aquisition
                                                Steel-Mont a.s. Rautaruukki acquired Slovakian steel constructor Steel-Mont a.s.
                                                Jan 2006 Aquisition
                                                PPTH Steelmanagement Oy  Rautaruukki acquired PPTH Steelmanagement Oy from funds managed by
                                                private equity investor CapMan and the company's management. PPTH is a
                                                leading Nordic steel constructor
                                                Nov 2006 Divestment Fredericia works Rautaruukki divested cold formed sections manufacturing operations located
                                                in Fredericia, Denmark
                                                Sep 2006 Divestment
                                                Duisburg service center Rautaruukki divested operations of Duisburg service center in Germany to
                                                Knauf Interfer AG
                                                Aug 2006 Divestment
                                                Metalplast Systems Sp.zo.o. Rautaruukki divested non-core part of its business in Poland to operative
                                                management and private
                                                equity investor Tar Heel Capital
                                                Aug 2006 Divestment
                                                Reinforcing steel business, Nordic countries Rautaruukki divested its Nordic reinforcing steel business to BT Norway AS

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