• 11/11/2024

SSAB Misses Forecasts on Weaker Demand, Prices

Wall Street Journal

SSAB posted a lower-than-expected second-quarter result as demand in Europe weakened and prices of steel decreased, and said it has initiated measures aiming to reduce costs by more than SEK500 million on an annual basis.

https://www.wsj.com/articles/ssab-2q-earnings-miss-forecasts-as-europe-demand-and-prices-weakened-dc477426