Tag «Lars-Eric Aaro»

New customer for LKAB in the USA

LKAB has signed a contract with Austrian steelmaker voestalpine for delivery of pellets to a new natural-gas-based direct reduction plant in Texas, USA. The contract is for pellet deliveries, via Narvik, starting in the first quarter of 2016. LKAB is now taking the next step into the North American market via collaboration with voestalpine’s new …

LKAB Year-end report 2014: A changed market situation

Further cost reductions, reducing personnel with by 400 positions by the end of 2016 and continuing work on growth investments in the Svappavaara Field. This is presented in the Year-end Report presented on the 13th of February. The falling prices in the iron market are prompting us to take a number of measures. With an …

LKAB and Emirates Steel sign new long-term agreement

Emirates Steel in Abu Dhabi, United Arab Emirates, has signed a seven-year purchase agreement with LKAB for delivery of one million tonnes of direct reduction pellets per year. Emirates Steel, a new customer for LKAB, is investing offensively in the latest technology to become a major steel producer in the Middle East. “This agreement confirms …