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SSAB Q1 Steel Profitability Diverges by Region; Americas Set for Rebound in Q2

  • Writer: Met Coal Junkie
    Met Coal Junkie
  • May 2
  • 1 min read

In Q1 2025, SSAB's EBITDA per ton showed stark regional contrasts. Special Steels led with a sharp 35% QoQ rise to SEK 5,214/t (USD 496), driven by higher shipments and better utilization. SSAB Europe’s EBITDA per ton dropped 25% to SEK 627/t (USD 60) amid soft pricing and increased costs, while SSAB Americas declined 14% to SEK 508/t (USD 48) as realized prices lagged spot recovery. Looking ahead to Q2, SSAB expects modest shipment growth across all regions, with a significant price rebound in the US market, stable pricing for Special Steels, and slight gains in Europe. Strategic investments and recovering demand position SSAB for stronger margins in Q2, particularly in the Americas.

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