12
Aug
13:10
LKAB registers lower ore prices, growing input costs
Although not directly impacted by the Ukraine war, LKAB is noting rising interest rates and high inflation, which mean higher costs in respect of energy, certain input goods and materials. This comes after iron ore prices dropped on-year in the first half of 2022 and continue to fall in H2.
The Swedish miner’s iron ore deliveries fell 10% on-year in the second quarter to 6.2 million tonnes, with pellet share in sales down 3 percentage points to 82%. Iron ore…
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Anonymous
Very good overview of the weekly steel market.
Anonymous