Sweden's SSAB forecasts strong steel demand in Q4

October 27, 2018 / www.metalbulletin.com / Article Link

Swedish steelmaker SSAB forecasts solid demand in the fourth quarter of 2018 following a good performance in July-September this year, the company said on Friday October 26.

"Despite the political turbulence surrounding trade barriers, we expect the outlook to remain good for the fourth quarter of 2018," president and chief executive officer Martin Lindqvist said. "SSAB has strong positions in our home markets and we are on track toward achieving our strategic growth targets for 2020."Steel prices in the fourth quarter were expected to be somewhat higher than in the third quarter for...

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