Interim Report July–September 2023: High production limited by transport capacity
LKAB’s operating profit for the third quarter amounted to nearly SEK 5 billion. Higher production was however offset by limited capacity on the Ore Railway.Net sales for the third quarter amounted to MSEK 10,819 (12,244) and operating profit totalled MSEK 4,987 (5,909). Both net sales and operating profit were impacted mainly by lower prices for highly upgraded iron ore products and lower delivery volumes. Production for the quarter was the highest since the start of 2021 and amounted to 7.0 (6.6) Mt. Delivery volumes for the quarter amounted to 6.3 (6.6) Mt and were impacted by rail