Financial risks
International operations such as those at SSAB involve a number of financial risks in the form of financing, liquidity, interest rate, currency and credit risks. The management of these risks is governed by the Group’s Finance Policy, which has been adopted by the Board of Directors. Most financial transactions take place through the parent company's treasury function in Stockholm and through SSAB Finance in Ireland. For further information about the Group’s financial risk management, see Note 29 (p. 202) in SSAB’s Annual Report 2019.