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Investing.com -- UBS on Friday upgraded European steelmakers Salzgitter, ArcelorMittal and voestalpine to "buy" from "neutral" and kept its "buy" rating on SSAB, saying new EU import quotas that remove about 9 million tonnes of annual imports will tighten supply after a recent pullback in the shares.
SSAB’s fair value estimate has shifted from SEK 109.71 to SEK 112.21, which places the stock a little higher within the current price target conversation. Recent analyst research clusters price targets between SEK 90 and SEK 120, with moves toward SEK 110, SEK 115 and SEK 120 showing how opinions differ on how far this recalibrated fair value can stretch. As you read on, you will see how these changes fit into the broader SSAB story and how to track the evolving narrative from here. Analyst...
Russian strikes have knocked out major Ukrainian steel plants and squeezed a key source of global supply, shifting attention to integrated producers that are still operating far from the front line. When one of the world’s important exporters goes quiet, pricing power and risk can migrate quickly, which can punish or reward investors who are not paying attention. This article explains how that shock affects the sector and profiles 3 individual stocks that appear most exposed to the news, so...
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