Tag «Adaption Measures»

LKAB Steps Up Adaption Measures

Continued oversupply of iron ore and low prices for iron ore fines in the global market, puts pressure on LKAB´s profitability. With a new cost efficiency programme, LKAB will cut costs for 2017 by an amount that exceeds last years realized cost savings of MSEK 800. The operating result for the fourth quarter was a …