27
Jan
10:05
Fortescue reports record volumes
Fortescue saw its highest-ever iron ore shipments in the December quarter, while cash costs declined. The miner expects shipments to increase further, Kallanish notes.
“We are now nearing the 200 million tonne annualised rate in our iron ore business even before we commission Iron Bridge,” says Fortescue executive chairman Andrew Forrest.
In the December quarter, the second of its financial year, shipments grew 4% on-quarter and on-year to 49.4m…
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