# SSAB invests SEK 3.3B in new quenching line in Oxelösund

SSAB decided to invest SEK 3.3 billion in a new quenching line in Oxelösund, Sweden, to expand capacity for advanced wear and protection steels, with production start planned for 2030.

- Type: Expansion
- Announced: 2026-05-18
- Where: Oxelösund, Sweden, Sweden
- Value: $330.0M (3.30B SEK)
- Starts operating: 2030
- Status: announced
- Capacity: 100,000 tonnes per year
- Products: Hardox 500Tuf wear steel, Armox protection steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SSAB](https://endata.com/companies/1465.md)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2026-05/68523494-ssab-ab-ssab-invests-in-increased-capacity-in-special-steels-399.htm), 2026-05-18: "The demand for protection steel is growing globally and SSABs unique offerings give us a leadership position with customers in the defence industry"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.