28
Oct
10:21
FMG guidance steady as new port opens
Australian miner FMG on Thursday released a report for the September quarter, the first quarter of its financial year 2022 (FY22), reflecting a turbulent period which saw one of its workers die in an accident.
Although quarterly iron ore shipments fell 8% from the June quarter to 45.6 million wet metric tonnes (9% moisture), it was still a record high for a first quarter. Average revenue reached $118/dry metric tonne, while C1 costs stood at $15.25/wmt, Kallanish …
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Anonymous
Very good overview of the weekly steel market.
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