28
Jan
12:38
FMG achieves strongest half-yearly production
Australian miner Fortescue Metals Group (FMG) reported its strongest ever half-yearly production figure for July-December 2020. This was supported by production from its Eliwana mine in December, Kallanish notes.
Over the three months through December, FMG shipped 46.4 million tonnes of iron ore, up by 5% quarter-on-quarter. This took half-yearly shipments to 90.7mt, 2% higher year-on-year. Of this, iron ore stocks at Chinese ports increased fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous