ASSAB was founded in 1945 to sell high-quality tool steel from Sweden, which is well-known for its high quality standards. ASSAB, headquartered in Singapore, runs nearly 50 ASSAB sales offices throughout Asia Pacific, supplying the highest quality steel on the market. ASSAB is Asia's pioneer and leader in tool steel solutions, thanks to its world-class metallurgical tooling services and technological know-how.

ASSAB serves as the distribution hub for Uddeholm, the world's leading tool steel manufacturer with over 350 years of experience in the business. Together, the two companies serve leading multinational corporations (MNCs) in nearly all important industrial sectors in over 90 countries.