What was SSAB's first-quarter operating profit, and how did it compare to analyst expectations?

SSAB's first-quarter operating profit rose 63% to 2.20 billion Swedish crowns ($237.9 million), exceeding analysts' average expectation of 2.05 billion crowns, as reported in a poll provided by the company.

What are the key features and expected impact of the EU's new steel safeguard regulation on SSAB and the European steel market?

The EU's new steel safeguard regulation, effective July 1, reduces the bloc's overall steel import quotas by about 47% to 18.3 million metric tons per year and raises the out-of-quota duty to 50%; SSAB's CEO Johnny Sjostrom stated that SSAB expects this measure to improve the supply-demand balance in the European market.

SSAB tops profit forecast ahead of expected boost from EU steel safeguards

Apr 27, 2026

SSAB reported a 63% surge in Q1 operating profit, beating forecasts, driven by strong shipments and advanced steels. The company anticipates further market improvement due to new EU steel safeguard regulations reducing import quotas.

reuters

2026-04-27

SSAB tops profit forecast ahead of expected boost from EU steel safeguards

SSAB tops profit forecast ahead of expected boost from EU steel safeguards

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