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Steelmaker SSAB's Americas Ascendancy Ameliorates European Ebb

SSAB posted SEK 2.14 billion operating profit for Q2 2025. Strong Americas performance countered European market weakness. The company announced production adjustments in Europe for Q3. SSAB's fossil-free steel project in Luleå faces a 12-month delay due to grid infrastructure issues. A new recycling partnership with Volvo Cars will use automotive scrap in SSAB's green steel production.

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