Ssab Ab Unsponsored ADR Class A ( (SSAAY) ) has released its Q2 earnings. Here is a breakdown of the information Ssab Ab Unsponsored ADR Class A presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
SSAB AB is a leading steel manufacturer operating in the Americas and Europe, known for its high-strength steel products and commitment to sustainable steel production. In the first half of 2025, SSAB reported a revenue of SEK 51,154 million, a decrease from the previous year, primarily due to lower steel prices and currency effects. The company’s operating result for the second quarter was SEK 2,140 million, reflecting a decline compared to the previous year, but an improvement from the first quarter of 2025, driven by increased prices in SSAB Americas. Despite the challenges posed by tariffs and trade barriers, SSAB Special Steels maintained stable operating margins, while SSAB Europe faced a weaker market. The company is progressing with its transformation projects, including the conversion of Oxelösund and the construction of a new mini-mill in Luleå, aimed at reducing CO2 emissions. Looking ahead, SSAB anticipates a seasonally weaker third quarter, with stable prices for SSAB Special Steels and Europe, and higher prices expected in SSAB Americas.