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23 Oct
12:17

Europe slowdown affects SSAB third-quarter performance

Swedish steelmaker SSAB says that lowered demand for steel in Europe has adversely affected group operating results for the third quarter of 2019. In a statement sent to Kallanish, the company says however that its North American operations fared better, although operating profits fell in that region also. “Demand for SSAB Special Steels weakened during the third quarter, primarily in Europe. Shipments were down and operating profit was lower than the same…
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