SSAB keeps Lulea work paused as SSAB stock trades at EUR 8.90
Published on 10/05/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SSAB (ISIN SE0000171100) kept work paused at part of its Lulea steel mill construction site after a September 23 gas alarm, while its stock was trading at EUR 8.90 at Lang & Schwarz on October 5, 2026 at 9:33 a.m. CEST, down 0.45 percent from the EUR 8.94 prior close of October 2, 2026. SVT reported on September 28, 2026 that SSAB was investigating the alarm and that other construction work continued.
Construction risk meets stronger earnings
The Lulea pause affects an area where SSAB is preparing a non-hazardous waste site, while the rest of the new mill construction continues. The incident therefore adds a project execution risk to a company picture that also includes a stronger second quarter.
In the second quarter of 2026, revenue reached SEK 27.49 billion, up 8.50 percent from SEK 25.34 billion in the first quarter. Operating profit increased to SEK 2.70 billion from SEK 2.20 billion, a 22.50 percent quarter-over-quarter increase. Affarsvarlden lists net income of SEK 2.08 billion for the second quarter, compared with SEK 1.60 billion in the first quarter.
Analyst target moves above SEK 120
The latest analyst action provides a separate valuation marker. Placera reported on September 22, 2026 that Arctic raised its SSAB target from SEK 112 to SEK 124 while keeping a Buy recommendation.
The next scheduled reporting date is October 28, 2026. That timing puts third-quarter execution, maintenance activity and the Lulea construction schedule ahead of the next formal earnings update. SSAB says its shares are listed on Nasdaq Stockholm and Nasdaq Helsinki, giving the Swedish listing the clearest reference for local investors.
Stock trades below the latest close
At Lang & Schwarz, SSAB stock was trading at EUR 8.90 on October 5, 2026 at 9:33 a.m. CEST, down 0.45 percent versus the EUR 8.94 prior close at Lang & Schwarz on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of SSAB stock.
SSAB stock facts
- Company: SSAB AB (publ)
- ISIN: SE0000171100
- Ticker: SSAB A
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz as of October 5, 2026, 9:33 a.m. CEST: EUR 8.90
- Change versus prior close: minus 0.45 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 8.94
- Market capitalization: SEK 100.4 billion (as of October 5, 2026)
- Sector / Industry: Basic Materials / Steel
- Next earnings date: October 28, 2026
