Several more employees seek medical attention as work in SSAB area stopped
P4 Norrbotten reports that a number of employees at SSAB's site in Luleå have sought medical attention after working on earthworks at the new steel mills.
SwedenP4 Norrbotten reports that a number of employees at SSAB's site in Luleå have sought medical attention after working on earthworks at the new steel mills.
SwedenThe queue to connect to the electricity grid is long and congested. It points to electricity consumption more than doubling in 15–20 years. A large number of new data centers could raise electricity prices.
BusinessThe Stockholm Stock Exchange closed in the red for the second day in a row, despite strong gains for Nibe and Embracer after they reported results and positive sentiment on leading European exchanges and Wall Street. The OMXS index fell 1 percent.
BusinessOnly two new green steel and iron projects were announced last year. At the same time, many more were delayed, paused or scrapped, according to the Green Steel Tracker. Aaron Maltais, a researcher at the Stockholm Environment Institute (SEI), believes he knows what is needed to jump-start the struggling industry.
SwedenMillennials are the largest group on the stock market, and Generation Z is leaving the market. At the same time, more 80-year-olds are starting to save in stocks, Euroclear's Shareholder Report shows.
BusinessSteel group SSAB reports a profit before tax of SEK 661 million for the fourth quarter of last year. This compares with a profit of SEK 580 million in the corresponding quarter a year earlier.
BusinessExpect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor. That's about 4 percent more than last year, says SEB's equity strategist Esbjörn Lundevall about the dividends.
BusinessVattenfall's new company for new nuclear power at Ringhals is now taking the next step. The industrial partnership Industrikraft, with companies such as ABB and SSAB, signs a partnership agreement.
Business