17
Jul
08:48
Rio’s Pilbara output strong, but don’t mention Canada
Rio Tinto has reported a strong performance from its Pilbara iron ore operations, putting it on track to comfortably hit its shipment guidance for 2018. Its Canadian operations were crippled by industrial action, however, leaving output down sharply, Kallanish notes
Rio produced 85.5 million tonnes of iron ore in the Pilbara on a 100% basis in the June quarter, up 7% year-on-year. In the first half of 2018, output was also up 7% to 168.7mt. Rio said th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous