31
Jul
19:44
Champion Iron triples profits in fiscal first quarter
Canadian iron ore supplier Champion Iron more than tripled its profit on-year during the company’s fiscal first quarter, Kallanish reports.
Champion Iron earned CAD 74.2 million ($56m) on sales of CAD 277.9m in fiscal Q1 2020, up from CAD 20.7m on sales of CAD 150.7m in fiscal Q1 2019.
“We are extremely pleased with the strong performance delivered by the operations team again this quarter and proud to set another new quarterly production record f…
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Very good overview of the weekly steel market.
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