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LKAB:s årsstämma 2016

LKAB Annual General Meeting 2016

28 April, 2016 The LKAB annual general meeting took place on 28 April 2016 at Vetenskapens Hus in Luleå. Sten Jakobsson was re-elected as Chairman of the Board and Bjarne Moltke Hansen and Ola Salmén were elected as new board members.

Positioning for a market in change

28 April, 2016 Iron ore prices developed relatively strongly in the first quarter of 2016. However, the price level was lower than in the same period last year, which meant that LKAB’s operating profit for the quarter totalled MSEK 171 (375). In view of the expected continued oversupply of iron ore products, the recent upturn in iron ore prices is judged to be temporary.

SSAB, LKAB and Vattenfall launch initiative for a carbon-dioxide-free steel industry

04 April, 2016 SSAB, LKAB and Vattenfall have announced today that they are launching an initiative to solve the carbon dioxide problem in the Swedish steel industry. Together, the companies involved will initiate work to develop a steel production process that emits water rather than carbon dioxide.