Q3 2025 SSAB AB Earnings Call Transcript

Oct 22, 2025 / 08:00 AM GMT

Release Date Price: $7

Transcript

Key Points

Positve

SSAB AB (SSAAF) reported a stable Q3 performance despite challenging market conditions, particularly in Europe.
The company achieved a significant improvement in safety performance, aiming to become the safest steel company globally.
SSAB Americas contributed to higher profitability compared to Q3 2024, showcasing resilience in a tough market.
The groundbreaking ceremony for the Lulea investment was successful, marking a positive step in their strategic projects.
SSAB became the first steel company to meet the International Energy Agency's threshold for near-zero emissions, highlighting their leadership in green transformation.

Negative

Shipments in the Special Steel division were slightly lower than expected, impacting overall performance.
SSAB Europe faced reduced profitability due to a maintenance outage, which also led to lower shipments.
The Construction segment in the Nordics remained weak, with no significant market pickup as anticipated.
The start-up of the electric arc furnace in Oxelösund is delayed to early Q1 2027 due to external power grid issues.
There are concerns about the U.S. market, including potential negative impacts from tariffs and economic uncertainties affecting demand.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SSABa.ST - SSAB AB
Q3 2025 SSAB AB Earnings Call
Oct 22, 2025 / 08:00AM GMT

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Conference Call Participants
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* Per Hillstrom
* Johnny Sjostrom
* Leena Craelius
* Kaleb Solomon
* Anders Akerblom
* Tom Zhang
* Tristan Gresser
* Alain Gabriel
* Dominic O'Kane
* Cole Hathorn
* Andrew Jones
* Bastian Synagowitz
* Boris Bourdet

=====================
Presentation
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Per Hillstrom, [1]
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Good morning, and welcome to this presentation of the SSAB Q3 report. My name is Per Hillstrom. I'm responsible for Investor Relations. And presenting today, we have our President and CEO, Johnny Sjostrom, and our CFO, Leena Craelius. And as you might notice, we have no video today. We are in a temporary office. So we don't have the normal studio. But again

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