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20 Aug
12:16

LKAB's second-quarter MENA sales dip

LKAB reported a -10% on-year decline in second-quarter revenue generated in the Middle East and North Africa to SEK 2.47 billion ($269 million). This represented 21.8% of consolidated revenue versus 24.6% in the year-earlier quarter. MENA “…production of crude steel increased by 15% during the second quarter compared with the same period last year. The oil price continued to rise compared with the previous quarter, which is positive for the region. …
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