27
Apr
16:31
LKAB sees good market conditions but railway bottlenecks
LKAB’s operating profit for the first quarter benefited from favourable market conditions with continued high iron ore prices and a strong dollar, Kallanish hears from the Swedish mining group.
Production of iron ore products increased year-on-year, from 6.4 million tonnes to 6.9 million tonnes, despite challenges involving the supply of crushed ore from the Kiruna mine, it notes. Operating profit for the quarter amounted to SEK 5.2 billion ($503 million), o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous