25
Jul
05:59
Fortescue projects higher iron ore shipments for FY25
Australian miner Fortescue has projected higher iron ore shipments of 190 million tonnes-200mt for the financial year ended 30 June, 2025 (FY25), Kallanish notes.
The firm says in a statement that the iron ore shipments projection includes 5mt-9mt from Iron Bridge. The firm also estimated C1 costs for Pilbara hematite of $18.50-$19.75/wet metric tonne (wmt) for FY25.
The firm recorded iron ore shipments of 53.7mt in the fourth quarter o…
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Anonymous
Very good overview of the weekly steel market.
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