SSAB Americas revenue dips in Q1 despite higher steel prices

SSAB Americas’ revenue fell in the first quarter as negative currency effects outweighed higher steel prices.

The Swedish steelmaker’s US operations logged revenue of 4.99 billion Swedish krona (US$538.9 million) in Q1’26, down 3% from a year earlier. However, EBITDA totaled SEK 637 million (US$68.7 million) in the first quarter, more than double SEK 232 million in the year-ago period.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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