Steel Mills
February 9, 2015
SSAB Americas Sees Imports Pressuring Plate Pricing
Written by Sandy Williams
SSAB Americas posted sales of SEK 3.5 billion ($421.8 million) in Q4, a 17 percent increase from third quarter. For the full year 2014, the Americas segment had sales of SEK 13.2 billion ($159 million) up from SEK 11.1 billion ($133 million) in 2013.
Fourth quarter external steel shipments were down 13 percent year over year to 488 thousand tonnes (537,918 net tons) due to the planned maintenance outage at the Montpelier, Iowa facility. Crude steel production for SSAB Americas was 613,000 tonnes (675,705 tons) in Q4 and steel production was 563,000 tonnes (620,590 tons) compared to 648,000 (714,285) in the previous quarter.
