13
Feb
00:00
LKAB bemoans market oversupply, takes steps to reduce costs
Swedish iron ore producer LKAB bemoans “a changed market situation…” in its fourth quarter and full year results for 2014, monitored by Kallanish. The miner says that “…the market’s continued structural oversupply of iron ore fines is putting pressure on the world market price of iron ore…” Demand for the company’s “smart” pellet products is expected to remain strong however, LKAB says, and it is …
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Anonymous
Very good overview of the weekly steel market.
Anonymous