16
Aug
01:00
LKAB sees stable orders despite oversupply, maintenance hitting Q3 output
LKAB expects demand for its iron ore pellets to remain stable despite a large oversupply of iron ore fines, while extended maintenance at the Kiruna pelletising plant in the third quarter will reduce output by 500,000 tonnes, but customers will be unaffected.
The Swedish firm is targeting cost-reduction of SEK 700 million ($82.2m) over the course of 2015. “Developments in the market imply a continued strong focus on cost reductions and efficiency measu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous