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The recycled-content steelmaker remained profitable in this year’s second quarter but says some specialty steel markets face ...
SSAB: Swedish Steel At An Acceptable Valuation. Apr. 02, 2024 10:30 AM ET SSAB AB (publ) (SSAAF) Stock, SSAAY Stock MT, SSAAF, SSAAY 1 Comment 2 Likes. The Investment Doctor. Investing Group Leader.
Sweden-based steelmaker SSAB says it has secured an additional 430 million euros ($506 million) in “green financing” to support its blast furnace/basic oxygen furnace-to-electric arc furnace (EAF) ...
A milestone in decarbonization today as Sweden's SSAB made the world's very first "fossil-free" steel delivery, created with green hydrogen instead of coal and coke, to a customer, Volvo, where it ...
SSAB's earnings fell more than expected in the second quarter, hit by lower steel prices and a weakening European market due ...
SSAB's operating result for the second quarter of 2025 amounted to SEK 2,140 (2,969) million. The decrease compared to last year was mainly related to lower prices of standard steel. The operating ...
Swedish steelmaker SSAB will invest 4.5 billion euros ($4.83 billion) in building a fossil-free mini-mill in Lulea, Sweden, the company said on Tuesday, more than previously expected as inflation ...
The 33.3 billion Swedish kronor ($3.33 billion) impairment included goodwill related to SSAB’s acquisitions of Ipsco and Rautaruukki, which were completed in 2007 and 2014, respectively.
(Reuters) -Swedish steelmaker SSAB reported a steeper than expected drop in its second-quarter operating profit on Wednesday, ...
The EU approved Swedish state aid worth $139.1 million to help steelmaker SSAB decarbonize its production. SSAB plans to build a new mill and close an existing furnace, helping reduce Sweden’s ...
Investing.com -- SSAB (ST: SSABb) (ST: SSABa) shares tumbled over 6% Wednesday after the company reported a ...
Steelmaker SSAB on Monday reported third-quarter earnings above forecasts helped by surging steel prices and said it expected demand to remain good during the final months of 2021, even if it ...