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Swedish Steelmaker Alleima Sees Pricing as Counter to US Tariffs

Swedish Steelmaker Alleima Sees Pricing as Counter to US Tariffs

Bloomberg2 days ago

The chief executive officer of Swedish steelmaker Alleima AB says the company will not absorb any potential costs from tariffs and will instead focus its efforts on raising prices, as well as targeting specific industries.
Speaking in an interview, Goran Bjorkman, 59, said Alleima is doubling down on nuclear tubing offerings having last year decided to expand its steam-tube manufacturing in Sandviken, Sweden. In January, the nuclear division booked two major orders, one worth 530 million kronor ($56 million).

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