SSAB A

The SSAB B share lost 6.8% and fell to SEK 97.60 after strong gains since the start of the year triggered profit-taking. Investors are mainly concerned about an expected lower steel delivery in the third quarter and repeated construction stoppages at the electrified steel plant in Luleå, which increase schedule and cost risks. Despite solid Q2 numbers, the more cautious outlook shifted the valuation and the risk‑return balance, while a weaker market environment intensified selling pressure. » Altro su de.investing.com

SSAB reported Q2 2026 revenue falling to SEK 28,282 million and operating profit plunging from SEK 4,963 million to SEK 2,969 million, causing earnings per share to drop to SEK 2.43. The stock fell 2.4% to SEK 95.94. In addition, work on the new steel mill in Luleå was paused after monitors detected low concentrations of hydrogen cyanide, putting the timeline and cost plan for the switch to fossil‑free production in question. A weak market environment and waning demand in the European construction sector are also weighing on the industry and SSAB’s valuation. » Altro su de.investing.com

KNDS sees the supply of the defense industry with specialized armor steel at risk due to limited production capacities and high requirements for quality and certification. While the market for armor steel is growing, dependence on a few suppliers such as SSAB and the slow development of new domestic sources increase the risk of shortages. German steel producers like Salzgitter, Dillinger Hütte, and GMH-Gruppe are trying to expand their capacities to secure supply chains and meet the demand from the defense industry. » Altro su faz.net