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NCC AB ( ($SE:NCC.B) ) has issued an update.
NCC and SSAB have partnered to construct a new steel mill in Luleå, part of SSAB’s strategy to produce emission-free premium steel. This project, which includes two electric arc furnaces and other facilities, is expected to significantly reduce Sweden’s carbon emissions by seven percent. NCC’s expertise in complex construction projects and its focus on sustainability are crucial for the successful execution of this project, which will enhance SSAB’s technological capabilities and cost efficiency.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
More about NCC AB
NCC is a leading construction company in the Nordics, specializing in managing complex construction processes. Its operations encompass building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. In 2024, NCC reported sales of approximately SEK 62 billion and employed 11,800 people. The company’s shares are listed on Nasdaq Stockholm.
Average Trading Volume: 296,766
Current Market Cap: SEK15.43B
For an in-depth examination of NCC.B stock, go to TipRanks’ Overview page.