First quarter 2001

Report for the first quarter of 2001

Profit after financial items was largely unchanged and amounted to SEK 465 (478) million
Processing costs fell compared with the preceding quarter but costs for iron ore and coal are increasing significantly
Cash flow in the business operations improved by just over SEK 200 million to approximately SEK 100 million

About Us

SSAB is a Nordic and US-based steel company. SSAB offers value added products and servicesdeveloped in close cooperation with its customers to create a stronger, lighter and more sustainableworld. SSAB has employees in over 50 countries. SSAB has production facilities in Sweden, Finlandand the US. SSAB is listed on the Nasdaq OMX Nordic Exchange in Stockholm and has asecondary listing on the Nasdaq OMX in Helsinki. www.ssab.com

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