27
Oct
14:01
LKAB foresees increasing costs as deliveries, prices diverge
Geopolitical unrest, with rising interest rates and high inflation as a result of the war in Ukraine, will increase the cost of energy and input material, says LKAB. The Swedish miner saw lower sales prices in the third quarter mitigated by a higher dollar exchange rate and increased delivery volume.
Iron ore shipments rose 5% on-year in Q3 to 6.6 million tonnes, with pellet taking an 83% share versus 80% a year earlier. Production fell marginally to 6.6mt, K…
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Anonymous
Very good overview of the weekly steel market.
Anonymous