SSAB Americas’ earnings squeezed
Apr 25, 2013 | 05:55 PM
| Catherine Ngai
NEW YORK SSAB Americas, a subsidiary of Swedish steelmaker SSAB AB, saw its first-quarter earnings squeezed due to softer U.S. prices and lower volumes.
SSAB Americas posted operating profit of 87 million kronor ($13.18 million) for the three-month period ended March 31, down 87 percent from the 670 million kronor income recorded in the same quarter a year ago. ....
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