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12 Nov
08:54

AM’s iron ore production and sales grow

ArcelorMittal’s mining production, which consists of iron ore mining operations in Canada (AMMC) and Liberia only, increased in the third quarter by 40.7% on-quarter despite a 4.2% decrease on-year, to 6.8 million tonnes. Iron ore shipments soared 53.5% on-quarter to 6.9mt, according to ArcelorMittal’s interim results monitored by Kallanish. The production increase was largely due to the return to normal operation at AMMC following the end of…
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