Improved Operating Results
The operating result for Q2 was significantly higher than Q1 2025, ending at roughly SEK 2.1 billion in EBIT.
Record Levels in Automotive Segment
Achieved record levels of advanced high-strength steel sales to the automotive segment, primarily sold from SSAB Europe.
Positive Impact from U.S. Tariffs
SSAB benefits from 50% tariffs in the U.S., leading to more regionalized and higher prices, especially in the American plate market.
Special Steel Performance
Despite slightly lower revenues, Special Steels had better profitability than Q1 with an operating margin of roughly 22%.
Increased Shipments
Steel shipments in Q2 were 1,708 kilotonnes, 32 kilotonnes higher than Q1 and 62 kilotonnes higher than Q2 of the previous year.
Partnership with Volvo Cars
Partnership agreement signed with Volvo Cars to supply SSAB Zero and to collect high-quality scrap, demonstrating market interest in SSAB's Zero material.
Strong Pipeline Orders in Americas
SSAB Americas fully booked for pipeline orders, indicating strong underlying demand.