SSAB AT A GLANCE: Q3 earnings dragged down by weak European market

A summary of the financial results for Swedish steelmaker SSAB for the third quarter of 2019.

In brief Exceptional pressure on margins on the European market continued to have a negative impact on SSAB's third-quarter earnings as did the planned repair of one of the blast furnaces at its Raahe operations Lower earnings were primarily attributable to the performance of SSAB Europe. Demand in Europe seasonally lower and weaker business conditions meant that the decline was more pronounced than normal. ...

Published

Carrie Bone

October 23, 2019

18:10 GMT

London