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26 Apr
11:39

SSAB posts record first-quarter revenue but uncertainty looms

Sweden-headquartered SSAB posted record revenue in the first quarter, but uncertainties connected to the war in Ukraine and high input costs continue to loom in the market. SSAB’s consolidated revenue surpassed SEK 31 billion ($3.19 billion) in Q1, some SEK 12 billion more in Q1 2021. Higher turnover was mainly supported by significantly higher sales prices across the globe. Shipments also grew on-year at the Europe and Americas units. “All divisions …
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