EMEA > Steelmaker SSAB misses profit forecast with demand set to remain low

Steelmaker SSAB misses profit forecast with demand set to remain low

Published 11:54 on July 21, 2023  /  Last updated at 11:54 on July 21, 2023  / Roy Manuell /  EMEA, EU ETS

Swedish steelmaker SSAB highlighted weak demand in Europe as the core reason for a halving of its operating profit in Q2, with global steel prices also falling, the firm said in quarterly financial results published Friday.
Swedish steelmaker SSAB highlighted weak demand in Europe as the core reason for a halving of its operating profit in Q2, with global steel prices also falling, the firm said in quarterly financial results published Friday.


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