FMG: 2016 iron ore shipments are expected to increase

  • Friday, April 8, 2016
  • Source:ferro-alloys.com

  • Keywords:iron ore
[Fellow]Global the biggest iron-ore exporter, FMG expected iron ore shipments will increase this year, due to the beneficial effect of weather factors. FMG predicted that shipments of iron ore in the first half of the year amounted to 84 million tons, and annual sh...

Global the biggest iron-ore exporter, FMG expected iron ore shipments will increase this year, due to the beneficial effect of weather factors.

FMG predicted that shipments of iron ore in the first half of the year amounted to 84 million tons, and annual shipment target of 165 million tons. 

Meanwhile, FMG is optimistic regarding in long-term iron ore demand in China. Iron ore prices had hit a one-year high of in early March, at US$$63/ton.

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  • [Editor:Chen Zhen Seng]

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