SSAB AB (publ) (SSAAF)
| Previous close | 5.90 |
| Open | 5.90 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 5.90 - 5.90 |
| 52-week range | 5.17 - 8.23 |
| Volume | |
| Avg. volume | 59 |
| Market cap | 5.845B |
| Beta (5Y monthly) | 1.15 |
| PE ratio (TTM) | 5.09 |
| EPS (TTM) | 1.16 |
| Earnings date | N/A |
| Forward dividend & yield | 0.48 (8.14%) |
| Ex-dividend date | 25 Apr 2024 |
| 1y target est | N/A |
BloombergSteelmaker SSAB to Invest €4.5 Billion in New Mini Mill in Northern Sweden
(Bloomberg) -- Swedish steelmaker SSAB AB will spend as much as €4.5 billion ($4.8 billion) on a new plant in Lulea, in the northern part of the country, that will help clean up one of the world’s dirtiest industries. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterIran Vows to Punish Israel for Strike on Embassy in SyriaTesla Disappoints Analysts by Most Ever in Brutal Blow for EVsTrump Got His $175 Million Bond Fr
- Reuters
Sweden's SSAB to invest $4.8 billion in fossil-free steel mill
STOCKHOLM (Reuters) -Swedish steelmaker SSAB will invest 4.5 billion euros ($4.83 billion) in building a fossil-free mini-mill in Lulea, Sweden, the company said on Tuesday, more than previously expected as inflation and higher contingencies added to costs. SSAB, the biggest carbon emitter in both Sweden and Finland, says the project will ultimately have a positive impact on emissions and earnings. "The new mini-mill will have a better cost position with lower fixed costs, higher efficiency, shorter lead times and eliminated CO2 costs," SSAB said in a statement.
ZacksShould Value Investors Buy SSAB (SSAAY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
