28
Apr
14:56
FMG lifts shipment guidance on record Q3 performance
Fortescue Metals Group has lifted its shipment guidance for the fiscal year 2022 due to the successful delivery and ramp up of its Eliwana project, Kallanish learns from the company's report.
According to the miner, guidance for FY22 shipments is upgraded to 185-188 million tonnes from 180-185mt. This is because FMG saw record shipments for the nine months to 31 March 2022 of 139.5mt. Iron ore shipments reached 46.5mt for the third qua…
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Anonymous
Very good overview of the weekly steel market.
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