SSAB reported a decline in second quarter results, with a drop in operating profit to 1.85 billion Swedish kronor from 2.42 billion kronor. Earnings per share also decreased to 1.86 kronor from 2.43 kronor. Revenue fell to 25.63 billion Swedish kronor from 28.28 billion kronor. The CEO attributed the decrease to lower steel prices in Europe and plans to implement measures in the third quarter to address the market weakening. For more earnings news and updates, visit rttnews.com.

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