01
Feb
10:12
SSAB posts 2020 operating loss, sees market improving
Integrated steelmaker SSAB posted an operating loss of SEK 325 million ($38.7m) in 2020, impacted by lower revenue and uncertainties created by the Covid-19 pandemic. Nevertheless, the outlook for the first part of 2021 remains positive, continuing the encouraging momentum seen during the fourth quarter of 2020.
“Demand for steel during the first quarter of 2021 is estimated to be good, driven both by underlying demand and by customer restocking,” SSAB…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous