27
Oct
10:04
LKAB hikes sales/profits in strong iron ore market
Swedish iron ore producer LKAB has posted another healthy set of financial results for the third quarter of 2017, Kallanish notes. Demand for LKAB’s highly upgraded climate efficient iron ore products in the global market remains strong, the miner says, and a positive price trend has resulted in strong earnings and cash flow in Q3.
In its outlook for the rest of the year LKAB assesses that the oversupply situation within iron ore fines will continue.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous