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2016-12-16

SSAB: Production breakdown in conjunction with maintenance outage at SSAB Special Steels in Oxelösund

Due to a breakdown at the rolling mill in conjunction with restarting
after the maintenance outage at the Oxelösund site in Sweden, it is
estimated that production will restart about one and a half weeks
later than originally estimated.

SSAB earlier announced that the annual planned maintenance outage at
SSAB Special Steels in Oxelösund took place during the fourth
quarter. A production breakdown has occurred in the rolling mill in
conjunction with the restart of production after the planned outage.

This breakdown will imply a production and delivery loss of around
25,000 tonnes in addition to the loss arising from the planned
outage. This will impact SSAB Special Steels' result both in the
fourth quarter of 2016 and the first quarter of 2017.

For further information, please contact:
Per Hillström, Head of Investor Relations, per.hillstrom@ssab.com,
tel. +46 70 295 2912

SSAB AB is obliged to make this information public pursuant to the EU
Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact person set out above,
on December 16, 2016 at 1pm CET.

SSAB is a Nordic and US-based steel company. SSAB offers value added
products and services developed in close cooperation with its
customers to create a stronger, lighter and more sustainable world.
SSAB has employees in over 50 countries. SSAB has production
facilities in Sweden, Finland and the US. SSAB is listed on the
Nasdaq OMX Nordic Exchange in Stockholm and has a secondary listing
on the Nasdaq OMX in Helsinki. www.ssab.com.

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http://news.cision.com/ssab/r/production-breakdown-in-conjunction-with-m...
http://mb.cision.com/Main/980/2151929/605101.pdf

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