By Marta Frackowiak

(Reuters) -Swedish steelmaker SSAB’s earnings grew more than expected in the third quarter, helped by a so far limited tariff impact and despite a cautious mood in the European steel market pressured by cheap imports from Asia.

Operating earnings rose 50% to 1.87 billion Swedish crowns ($198.61 million) in the July-September period, while analysts were expecting 1.75 billion on average, a poll provided by SSAB showed.

Local production accounts for most of SSAB’s sales in the United States, which limits the impact from U.S. President Donald Trump’s import duties, CEO Johnny Sjostrom said in a statement.

“However, certain special products, mainly high-strength steel for the automotive industry, are exported from the Nordics,” he added.

Steel and aluminium were among

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