SSAB announces price increases

  SSAB announces price increases

Business Wire

STOCKHOLM -- December 05, 2012

Regulatory News:

SSAB EMEA (STO:SSABA)(STO:SSABB) is raising its prices for hot rolled, cold
rolled and galvanized coil, as well as heavy plate. Prices are being increased
by at least SEK 300 per tonne. The price increases apply to all orders
acknowledged after December 5th, 2012.

“There has been a perceptible decline in steel prices during 2012. The price
increases that we are now making reflects the development in the market. The
trend going forward will depend on market demand and the supply of steel”,
says Rinaldo Baldi, Head of Sales SSAB EMEA.

SSAB is a global leader in value added, high strength steel. SSAB offers
products developed in close cooperation with its customers to create a
stronger, lighter and more sustainable world. SSAB has employees in over 45
countries and operates production facilities in Sweden and the US. SSAB is
listed on the NASDAQ OMX Nordic Exchange, Stockholm. www.ssab.com.

This information was brought to you by Cision http://www.cisionwire.com

Contact:

Rinaldo Baldi, Head of Sales SSAB EMEA
+39340342 73 94
or
Catarina Ihre, Director
Investor Relations
+46 8 45 45 729