18
Apr
07:43
FMG's first-quarter iron ore output increases, sales down
FMG's iron ore production increased by 1% quarter-on-quarter and 10% year-on-year to 43 million tonnes in the first quarter of this year, according to the company's official report. However, shipments of iron ore were at 38.3mt, a decrease of -10% from the previous quarter and -1% y-o-y. This includes 3.8mt of the new West Pilbara Fines (WPF).
Port Hedland was closed for five days under the influence of Hurricane Veronica, affecting FMG shipmen…
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Anonymous
Very good overview of the weekly steel market.
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