Reuters
STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near term, it said on Tuesday as it posted better than forecast quarterly profit. Epiroc, its customers and rivals have had to contend with rising raw material prices and other cost inflation pressures for several quarters, though raw material prices have eased slightly of late. Shares in the company were up 3.2% at 206.6 Swedish crowns by 1228 GMT after earlier hitting a two-month high of 211.1 crowns.