31
Jan
09:39
FMG sees stronger shipments and prices, lower costs
Australia’s FMG saw shipments increase in the December quarter while costs fell slightly, according to its operations report for its second financial quarter. The company expects a further boost to its performance from its new West Pilbara Fines product, which began shipping in December, Kallanish notes.
FMG shipped 42.5 million tonnes of ore in the December quarter, up 6% from the previous quarter and 5% year-on-year. C1 cash operating costs meanwhile wer…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous