15
Aug
11:09
LKAB sees second-quarter sales and profits surge
Swedish iron ore producer LKAB says that high iron ore prices benefited the company in the second quarter of 2019. Sales and operating profit saw strong improvement year-on-year as production and deliveries of iron ore products both rose. Urban transformation costs due to the Kiruna move were also appreciably lower than in Q2 2018, Kallanish notes.
In its outlook for 2019, the company says that in the short term there is a risk of LKAB losing delivery …
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Anonymous
Very good overview of the weekly steel market.
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