24
Apr
07:18
FMG hits record nine-month shipments
Australian mining giant Fortescue Metals (FMG) has reported a decline in iron ore production and shipments in the March quarter compared to the December quarter.
However, iron ore shipments of 46.3 million wet metric tonnes (wmt) in the third, March quarter of fiscal year 2023 (FY23) contributed to record shipments for the nine months to 31 March 2023 of 143.1mt, Kallanish notes. Shipments declined 6% on-quarter in the March quarter but remaine…
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Anonymous
Very good overview of the weekly steel market.
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