Tag: FMG iron ore

FMG: Iron ore shipments up 5% in Q3 CY’20 amid robust Chinese demand

Oct 29, 2020

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by

Monika Bajaj

in Fines/Lumps

Fortescue Metals Group – world’s 4th largest iron ore producer witnessed rise in iron ore shipment. Shipments increased to 44.3 mn t in Q3 CY20, as against 42.2 mn t in Q3 CY’19. The shipments depicted rise due to increase in Chinese demand of sinter fines. However, on a quarterly basis, the miner recorded a…