• Skip to main content

    Market Segment

    Lindqvist gives up board position as he departs SSAB

    Written by Ethan Bernard


    Martin Lindqvist stepped down as president and CEO of SSAB on Oct. 27, as had been planned. Lindqvist also announced Monday that he is leaving his position on the Swedish steelmaker’s board of directors.

    As reported in late August, Johnny Sjöström was selected to take over as president and CEO, effective Oct. 28, the day after Lindqvist was to leave his role. At the time, Lindqvist had said he would be focusing on board and advisory positions.

    Elfgren tapped as head of SSAB Special Steels

    In a separate announcement, the company said Per Elfgren has been appointed the new head of SSAB Special Steels, effective Nov. 1. He will also become a member of SSAB’s Group Executive Committee.

    Elfgren, who joined SSAB in 1996, was previously head of market development at SSAB Special Steels.

    “Per has played a major role in taking SSAB Special Steels forward to its present position, and he knows both the company and the culture well,” SSAB’s new President and CEO Johnny Sjöström said in a statement on Tuesday.

    Ethan Bernard

    Read more from Ethan Bernard

    Latest in Market Segment

    USW, USS, and Cliffs extend labor talks for 30 days, avert work stoppage

    The United Steelworkers (USW) union, U.S. Steel, and Cleveland-Cliffs on Monday agreed to extend the terms of their current labor contracts by 30 days. The current basic labor agreements between the USW and the two steelmakers had been scheduled to expire at 12:01 a.m. ET on Sept. 1. The extension allows the USW and the companies to continue negotiations. It also averts the immediate threat of a strike or lockout in a steel market already characterized by historically tight supplies.