SSAB

SSAB reduced steel production by 7.5% y/y in January-September 2022

In 9 months, the company increased its net revenue by 2.07 times y/y – up to 19.11 billion Swedish crowns ($1.71 billion)

SSAB to shut down one blast furnace at Finnish Raahe plant in November

The decision to reduce production from November 2022 was made amid a slowdown in steel demand in Europe

Swedish SSAB completed the purchase of the Mexican special steel producer Astralloy

Due to the purchase of the company, the Swedes plan to expand their presence on the Latin American market