Steel demand increased strongly in 2010, following a weak market in 2009. SSAB’s crude steel production increased by 62 percent and amounted to 5,752 (3,553) thousand tonnes. The shipments increased by 43 percent and amounted to 4,606 (3,298) thousand tonnes. Shipments of niche products increased by 40 percent and amounted to 1,484 (1,041) thousand tonnes.
The Group’s sales amounted to SEK 39,883 (29,838) million, an increase of SEK 10,045 million or 34 percent compared with 2009. Higher volumes accounted for a positive effect of 40 percentage points, higher prices for a positive effect of 1 percentage point, exchange rate movements had a negative effect of slightly more than 6 percentage points and product mix effects a negative effect of 1 percentage point.
For the Group as a whole, 78 (76) percent of sales were outside Sweden.