SSAB: Attractive Despite Multi-Billion Capex Overhang
2025-07-10 10:30:00 ET
Introduction
I wanted to have a closer look at SSAB ( SSABF ) ( SSAAF ) ( SSAAY ), the Sweden-based steel producer, before the company publishes its Q2 results, as I want to be prepared and get a better idea of what I could expect. It goes without saying steel producers have had a tough time lately, and even SSAB, which produces around 7.5 million tonnes of crude steel per year, has to deal with lower cash flows. The timing is quite unfortunate, as the company will soon spend 4.5B EUR on the new Lulea plant. ...
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SSAB: Attractive Despite Multi-Billion Capex OverhangNASDAQ: SSAAF
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