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28 Apr
15:05

LKAB sees first-quarter output disruption, Ukraine clouds outlook

Demand for LKAB iron ore remains good, but the war in Ukraine means that 2022 has started with a changed situation, the Swedish miner says. The direct impact on LKAB is limited at present but longer-term consequences for energy and commodities markets are difficult to assess. LKAB saw iron ore deliveries fall 3% on-year in the first quarter to 6.7 million tonnes, due to a 14% drop in production to 6.4mt caused by recurring production disruption at one of the Kirun…
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