Comments by the CEO: SSAB’s operating result for the second quarter of 2023 was SEK 4,963 (10,390) million. The result decreased compared to last year’s record level primarily because of a weaker market for SSAB Europe, Tibnor and Ruukki Construction, while the results for SSAB Special Steels and SSAB Americas were more stable. Compared with the first quarter of 2023, the result of the Group increased by SEK 230 million. Demand on the European market has weakened and we continued to initiate measures to adjust production, costs and staffing.
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