12
Feb
14:49
LKAB's MENA sales surge in 2019
LKAB’s sales in the Middle East and North Africa surged 41% on-year in 2019 to SEK 7.58 billion ($787.9 million), Kallanish learns from the Swedish iron ore miner.
LKAB says the supply of iron ore from Australia gradually recovered in the fourth quarter of 2019, but the increase was compensated by reduced supply from Brazil. Quoted pellet premiums for DR pellets increased to $42/tonne.
The Oman-based iron ore pelletising plant of LKAB competitor Vale saw pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous