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ArcelorMittal Nippon Steel Commenced Iron Ore Mine Operations

ArcelorMittal Nippon Steel Commenced Iron Ore Mine Operations

September 10th 2021
It plans to ramp up the production to the rated capacity of 7.16 million tonnes over the forthcoming years, said the company press release.
Fortescue Metals Group Full Year Shipments Surpassed Guidance

Fortescue Metals Group Full Year Shipments Surpassed Guidance

The earnings and operating cash flow hit fresh peaks during the year.
Iron ore price down as China’s steel output slows

Iron ore price down as China’s steel output slows

Iron ore prices retreated again on Monday on rising supply and steel output control in China.
Fitch Foresees Accelerated Growth in Global Iron Ore Output

Fitch Foresees Accelerated Growth in Global Iron Ore Output

The strong pipeline of projects, reduced operating costs and rising demand for high-quality iron ore will all lead to increased output from Brazil.
Iron ore dilemma – Will China actually cut steel output?

Iron ore dilemma – Will China actually cut steel output?

China's vast steel sector, and the iron ore industry feeding it, is grappling with a seemingly contradictory policy impulse that it should produce less this year, even as demand remains strong amid post-pandemic stimulus spending.
Fortescue Metals Pledges to Reduce Carbon Emissions

Fortescue Metals Pledges to Reduce Carbon Emissions

The revised targets are part of the company’s climate change strategy.
Fortescue Metals Upgraded Shipment Guidance for 2020

Fortescue Metals Upgraded Shipment Guidance for 2020

The total capital expenditure during the quarter was $414 million.
Fortescue Metals Group's Shipments Hit Fresh Peak

Fortescue Metals Group's Shipments Hit Fresh Peak

The company expects the shipments to remain at the upper end of the range of 170 – 175mt in FY20.

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