Interim Report April – June 2021: LKAB doubles sales and achieves record profits
For the second quarter in a row, operating profit at LKAB is at a record high. Global iron ore prices rose further during the quarter and demand for our products remains good. These results strengthen the company and its opportunities to lead the transformation of the iron and steel industry towards a sustainable future.Net sales for the second quarter were 98 percent higher than in the same period last year and totalled MSEK 14,748 (7,456). Operating profit increased by 386 percent to MSEK 9,161 (1,883). Both net sales and operating profit were affected by high spot prices for iron ore,