Steelmaker SSAB eyes $1 bln annual profit boost by 2030

Kitco Media
By Reuters
Published:
Updated:
Reuters
OSLO, March 28 (Reuters) - Swedish steelmaker SSAB aims to boost its annual profit by at least 10 billion Swedish crowns ($968 million) by 2030 as it transitions to carbon-free metals production, the company said on Tuesday. ($1 = 10.3347 Swedish crowns) (Reporting by Terje Solsvik, editing by Essi Lehto)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.