Update regarding actions taken due to the Covid-19 situation
SSAB implements several short-term actions across the business to mitigate the effects of Covid-19 and the total annualized savings are estimated to exceed SEK 1 billion.During the first three months of the year the business has largely proceeded according to expectations. SSAB´s focus during the first quarter has been to reduce risks of spreading the Covid-19 virus, including measures to protect the health and safety of our personnel and at the same time sustaining operations. Going forward, the spread of Covid-19 and its effects on industrial production, political decisions and the