AT A GLANCE: Lower iron ore prices hurt LKAB's Q2 performance

August 14, 2020 / www.metalbulletin.com / Article Link

A summary of Swedish state-owned iron-ore producer LKAB's financial results for the second quarter - April 1-June 30 - of 2020.

In brief

LKAB attributes its decreased earnings for the second-quarter period to lower prices for highly upgraded iron ore products.Fastmarkets's iron ore index for 62% Fe fines, cfr Qingdao averaged $93.52 per tonne in the second quarter 2020, down from $100.92 per tonne last year. The company ran into higher costs for its urban transformation provisions compared with the same period...

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