25
Apr
11:16
SSAB sees energy sector optimism, bemoans construction demand
SSAB predicts good demand for wind power and other renewables in the second quarter. These sectors are decidedly international and would benefit the Swedish company’s major units, SSAB Europe and SSAB Americas.
During the firm’s quarterly earnings call, chief executive Martin Lindqvist pointed to increasing activity for offshore wind in the USA, and also for bridge-building, which both require plate made by SSAB.
Looking at the past quarter, Lindqvist…
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Anonymous
Very good overview of the weekly steel market.
Anonymous