19
Feb
12:26
FMG sees record first-half despite Iron Bridge delay
Australian iron miner Fortescue Metals Group (FMG) has announced a record performance in the first half of its fiscal year 2021 (FY21), due to higher iron ore shipments and prices.
FMG shipped 90.7 million tonnes of iron ore in H1, up by 2% on-year. Its ore sales were 90.2mt, higher than 87.7mt in the same period of last year, Kallanish notes from the company's public report.
In the six months to December 2020, the realised price of FMG's ore sales increa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous