03
Aug
13:46
ArcelorMittal’s iron ore sales surge despite lower output
ArcelorMittal’s mining segment iron ore production fell 9.9% on-year in the first half of 2021 to 12.2 million tonnes, but sales soared 83% to $2.1 billion, according to ArcelorMittal’s interim results monitored by Kallanish.
The production cut was primarily due to a rail accident in Liberia, as well as four-week labour strike action and planned maintenance at the Canadian AMMC branch. On the other hand, the sales jump is primarily due t…
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Anonymous
Very good overview of the weekly steel market.
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