SSAB traded at 85.56 this Friday May 15th, increasing 0.96 or 1.13 percent since the previous trading session. Looking back, over the last four weeks, SSAB gained 3.38 percent. Over the last 12 months, its price rose by 45.02 percent. Looking ahead, we forecast SSAB to be priced at 83.79 by the end of this quarter and at 77.71 in one year, according to Trading Economics global macro models projections and analysts expectations.
SSAB AB is a Sweden-based company active within the steel industry. The Company is engaged in the development, manufacture and marketing of high strength steel products and solutions. It develops its products together with customers in order to create an offering comprised of solutions ranging from lightness and durability to strength, efficiency, sustainability and safety. Its offering includes such brands as SSAB Domex, Hardox, Docol, Greencoat, Armox and Toolox. The Company’s operations are structured into five divisions: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor and Rukki Construction. Tibnor and Ruukki Construction are operated as independent subsidiaries by their respective boards.