16
Jul
13:09
Rio Tinto produces, ships less iron ore in Q2
Australian miner Rio Tinto reported 75.889 million tonnes of iron ore production from Western Australia in the second quarter, down 1% quarter-on-quarter and 9% year-on-year. The semi-annual production thus was down 5% y-o-y to 152.296mt in the first half of 2021, Kallanish learns from Rio Tinto’s second quarter production results released on 16 July.
The lower production in H1 was due to above average rainfall, shutdowns to enable replacement mines to be ti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous