13
Feb
15:42
LKAB lifts earnings, sees rail suspension hampering deliveries
LKAB says the December derailment and suspension of services on the Ore Railway between Kiruna and Narvik will hamper deliveries in the first quarter, with the line seen returning to service in mid-February. There is a significant risk of this having “far-reaching consequences”, the Swedish miner notes.
In the fourth quarter of 2023, LKAB’s iron ore deliveries were up slightly on-year to 6.5 million tonnes, with pellet comprising 82%. Production …
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Anonymous
Very good overview of the weekly steel market.
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