Weak market conditions impact negatively on SSAB’s earnings for the fourth quarter of 2015
SSAB is expected to report lower earnings for the fourth quarter compared to the third quarter of 2015. This is primarily attributable to lower volumes and falling prices in Europe and North America. EBITDA in the fourth quarter of 2015 is expected to be betweenSEK 50 million and SEK 250 million and the operating loss to be between SEK 900 million and SEK 700 million. Market conditions are expected to improve in Q1 2016.The outlook in SSAB’s report published on October 22 for the period January-September 2015 stated that: “In North America, the wait-and-see sentiment in demand for