Steel Mills

SSAB Appoints Craelius as CFO
Written by David Schollaert
June 2, 2022
SSAB AB has named Leena Craelius as chief financial officer. Craelius had held the position of acting CFO since Nov. 1, 2021, succeeding Håkan Folin, who joined mining and infrastructure equipment make Epiroc.
Craelius will take up her new position immediately and will be based in Stockholm, the Swedish steelmaker said in a press release on Thursday, June 2.
Craelius has been with SSAB since 2005 and has held increasingly senior positions within the company. Prior to the interim CFO role, she most recently served as vice president of finance, controlling, and IT at SSAB Europe.
“I am very happy to welcome Leena in her new role,” SSAB president and CEO Martin Lindqvist said. “I’m convinced that she will in the best way contribute to our journey toward a fossil-free and industry-leading company.”
Craelius holds an MBA in Finance from Helsinki School of Economics and a BBA in International Business from Häme University of Applied Sciences.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest in Steel Mills

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.

Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.

ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.