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27 Apr
16:08

SSAB sees quarter-on quarter recovery but outlook remains uncertain

Sweden’s SSAB saw an improved quarter-on-quarter financial performance in the first three months of 2020, although it slid in the year-on-year comparison, the steelmaker tells Kallanish. Earnings improved on those in the fourth quarter of 2019, a period which was affected by destocking, weak margins and planned maintenance, SSAB adds. “Currently, our top priority is to minimise the effects and the risks of Covid-19. Several measures have…
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