24
Feb
13:41
LKAB's Mid-East sales fall despite fourth-quarter rebound
LKAB’s Middle East and North Africa iron ore sales fell 7% on-year in 2020 to SEK 7.04 billion ($847.2 million), seeing the region’s share in consolidated sales fall to 20.7% from 24.2% in 2019.
LKAB’s consolidated 2020 deliveries rose 14% to 28.5 million tonnes, of which 84% were pellet (see Kallanish passim). Net sales grew 8% to SEK 33.9 billion ($4.1 billion) but net profit fell 4% to SEK 9.8 billion. Demand for steel and iron ore i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous