AT A GLANCE: LKAB reports strong Q4, full-year results on high iron ore deliveries, prices

February 13, 2021 / www.metalbulletin.com / Article Link

A summary of Swedish state-owned iron-ore producer LKAB's financial results for the fourth-quarter and the full year 2020.

In brief

Improved demand for both steel and for iron ore in the fourth quarter 2020 in the EU and Middle East and North Africa (MENA) had a positive effect on LKAB's deliveries to Europe.EU steelmakers have increased production and brought back idled capacity, although the market outlook is uncertain because of Covid-19. LKAB's lower iron ore output in October-December 2020 was mainly attributed to extended maintenance at Kiruna mine, while delivery volumes were unaffected. High iron ore deliveries and rising global iron ore prices are driving LKAB's...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok