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24 Apr
12:47

SSAB’s high-strength steels prevail in weak environment

SSAB expects lower but stable prices in the second quarter, on higher shipments compared with Q1, the steelmaker’s executives said in a conference call on Wednesday monitored by Kallanish. The company’s operating result for Q1 amounted to SEK 3.16 billion ($290 million), a drop by around one third from the first quarter of 2023. Revenue was SEK 27.15 billion, down from SEK 31.90 billion. The decrease compared to a year earlier was primarily due to US …
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