OM:SSAB AMetals and Mining
Assessing SSAB (OM:SSAB A) Valuation After SEK 3,300 Million Premium Steel Investment
SSAB (OM:SSAB A) has announced a SEK 3,300 million investment in a new quenching and tempering line at Oxelösund, aimed at expanding capacity in advanced wear and protection steels such as Hardox 500Tuf and Armox.
See our latest analysis for SSAB.
The SEK 3,300 million Oxelösund investment lands at a time when momentum in SSAB’s stock has been firm, with a 90 day share price return of 17.12% and a 1 year total shareholder return of 62.41% pointing to stronger sentiment around its premium...