LKAB CEO: 20% of sales transit Hormuz, disruption hits operations

Swedish mining firm LKAB reports that 20% of its sales pass through the Strait of Hormuz, and current disruptions have affected the company, per CEO Johan Menckel. The statement confirms exposure to a key chokepoint but does not specify the nature or duration of the impact. This highlights broader supply-chain vulnerability for European exporters reliant on Gulf shipping lanes.