Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down

The Financial Supervisory Authority (FI) is proceeding with its review of the steel giant SSAB's goodwill write-down of 33.3 billion kronor. FI states in a press release that the case is being referred for sanction assessment.

The background is that SSAB in its interim report for the fourth quarter reported a write-down of goodwill. SSAB maintains that the write-down has been reported in accordance with guidelines and recommendations.