24
Apr
12:50
LKAB's MENA sales surge continues
LKAB’s sales in the Middle East and North Africa (MENA) surged 69% on-year in the first quarter to SEK 2.29 billion ($227.3 million), Kallanish learns from the Swedish iron ore miner.
The pellet premium for direct reduction-grade iron ore pellet was unchanged from Q4 2019 at $42/tonne.
In full-year 2019 LKAB saw sales in MENA soar 41% on-year to SEK 7.58 billion.
The Oman-based iron ore pelletising plant of LKAB competitor Vale saw production plunge -54% o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous