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01 Feb
21:02

SSAB Americas predicts rising shipments, steady prices

Steel plate producer SSAB Americas is reporting overall healthy demand, but its fourth quarter results were negatively impacted by bad weather conditions, logistical constraints, and a planned maintenance outage at its mill in Mobile, Alabama. SSAB’s Americas segment saw its fifth consecutive quarter of revenue increases, rising to SEK 6.153 million ($663,020) in Q4 2021. Despite lower volumes, Q4 Ebitda of SEK 2.235 billion ($240.8m) was up from the prior q…
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