16
Oct
11:54
Rio Tinto boosts shipments as iron ore prices slip
Rio Tinto has seen its global iron ore shipments increase over July-September by 17% year-on-year and by 12% over the previous quarter to 91.3 million tonnes, according to its operational report released Friday. The company even drew down from its inventories to take advantage of steady iron ore prices before another decline lowers their value.
The Kallanish index for 62% Fe Australian fines slipped again by $1.00 to end the week at $50.44/dry metric ton cfr Qin…
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