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=== International expansion (2000s - 2010s) === In 2008, SSAB acquired the American steel producer IPSCO, which operated mills in [[Montpelier, Iowa]], and [[Mobile, Alabama]]. These facilities focused on scrap-based steel production using electric arc furnaces rather than blast furnaces.<ref name="av">Affärsvärlden nr 16 år 2021, sida 12</ref> In 2014, SSAB acquired Finnish steel producer [[Rautaruukki]] for €1.1 bn.<ref>{{cite news |date=22 January 2014 |title=Steelmaker SSAB to buy Nordic rival Rautaruukki for $1.6 billion |url=https://www.reuters.com/article/us-rautaruukki-ssab-idUSBREA0L09N20140122 |work=Reuters}}</ref> The acquisition increased SSAB's steel production capacity by 2.6 million tons. Following the merger, Finnish state-owned Solidium became SSAB's third-largest shareholder after Industrivärden and [[LKAB]]. Key Rautaruukki production facilities that remained operational included the steel plant in [[Raahe]] and the sheet and pipe manufacturing facility in [[Hämeenlinna]].<ref>{{cite web|url=https://www.ssab.com/company/about-ssab/ssab-in-brief|title=SSAB in brief|website=SSAB}}</ref>
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