15
Aug
16:47
LKAB sees operating profit grow in second quarter
Swedish iron ore producer LKAB has posted a healthier set of financial results on-year for the second quarter of 2017, Kallanish notes. The company reports both stable production and delivery volumes for the period and both operating profit and operating cash flow have strengthened in a year-on-year comparison, it says.
In its outlook for the rest of the year LKAB assesses that the oversupply situation within iron ore fines will continue. This is putting pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous