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Subsidy Tracker Parent Company Summary
Parent Company Name: SSAB
Ownership Structure: publicly traded
Headquartered in: Sweden
Major Industry: metals
Specific Industry: steel
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $29,984,865 | 12 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $29,984,865 | 12 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $75,000,000 | 1 |
TOTAL | $75,000,000 | 1 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Iowa | $29,663,145 | 6 |
Alabama | $321,720 | 6 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
SSAB Iowa | Iowa | state | 2008 | $27,187,500 | | tax credit/rebate |
SSAB Iowa | Iowa | state | 2008 | $1,331,250 | | tax credit/rebate |
IPSCO Steel Inc. | Iowa | state | 2006 | $649,395 | | tax credit/rebate |
SSAB Iowa, Inc. | Iowa | state | 2010 | $165,000 | | training reimbursement |
SSAB Iowa, Inc. | Iowa | state | 2010 | $165,000 | | training reimbursement |
IPSCO Steel Inc. | Iowa | state | 2007 | $165,000 | | training reimbursement |
SSAB Alabama, Inc. | Alabama | state | 2013 | $60,533 | | cost reimbursement |
SSAB Alabama, Inc. | Alabama | state | 2013 | $60,533 | | cost reimbursement |
SSAB Alabama, Inc. | Alabama | state | 2013 | $60,533 | | cost reimbursement |
SSAB Alabama, Inc. | Alabama | state | 2013 | $60,533 | | cost reimbursement |
SSAB Alabama, Inc. | Alabama | state | 2012 | $44,625 | | cost reimbursement |
SSAB Alabama, Inc. | Alabama | state | 2011 | $34,963 | | cost reimbursement |
SSAB Alabama, Inc. | United States | federal | 2010 | | $75,000,000 | federal tax-exempt bond |