FEATURE: Iron ore shipments fall 11% on month in Feb, …
Iron ore shipments data is an estimate using Platts cFlow data and may not capture all vessel movements and volumes. Total iron ore exports of 37.4 million mt in February from Port Hedland were down 3% year on year, according to Pilbara Ports Authority data. It was the first time exports had fallen below 40 million mt since February …
China's July iron ore imports jump on higher shipments
China's iron ore imports jumped more than 5% in July from the prior month, customs data showed on Wednesday, due to a pick-up in June shipments among miners to meet quarterly targets. The world's largest iron ore consumer brought in 102.81 million metric tons of the key steelmaking ingredient last…
Fortescue's Annual Iron-Ore Shipments Roughly Flat on …
Australia's Fortescue said its iron-ore shipments were broadly flat over the past year, as it grappled with setbacks including a derailment and heavy rain. Fortescue said it shipped 191.6 ...
Fortescue posts drop in second-quarter iron ore shipments
The world's fourth largest iron ore miner shipped 48.7 million tonnes (mt) of the steel-making commodity for the quarter ending Dec. 31. That compares with 49.4 mt shipped a year earlier and a ...
Fortescue to work with China officials to clear iron ore shipments
Fortescue to work with China officials to clear iron ore shipments January 24, 2024 at 10:32 pm EST Share MELBOURNE (Reuters) - Australia's Fortescue Metals Group said on Thursday it will work with Chinese authorities to resolve a delay that has held up customs clearance of some iron ore cargoes at a port in the country's north. ...
Fortescue faces rare delays for China iron ore customs …
Normally, it takes one to three days for iron ore shipments to clear Chinese customs, the sources said. Several industry insiders said they had not previously heard of such inspections for major iron ore importers. The delays come as Fortescue and Chinese state iron ore buyer China Mineral Resources Group (CMRG) - set up in July 2022 to ...
Iron ore mining industry worldwide
In comparison to that, the United States consumed only about 40 million metric tons of iron ore in 2022, while total U.S. iron ore shipments stood at about 46 million metric tons.
Rio Tinto reports 3% sequential rise in Q2 iron ore shipments …
Iron ore shipments also saw a 3% increase sequentially and 2% Y/Y. Pilbara shipped 80.3 million metric tons from its Pilbara operations in the three months ending June 30, compared with 78 million ...
Iron ore mining industry worldwide
In comparison to that, the United States consumed only about 40 million metric tons of iron ore in 2022, while total U.S. iron ore shipments stood at about 46 million metric tons. Iron ore prices ...
Iron Ore Steadies With Japan's Dovish Signals, Supplies in …
Shipments of iron ore out of Brazil, one of the major exporters, have increased. Daily average exports were 1.71 million metric tons in the 22 trading days of July, according to official data.
December Quarterly Production Report | Fortescue
Guidance for FY24 total shipments is unchanged at 192 - 197Mt. This is inclusive of Iron Bridge shipments of 2 - 4Mt (100 per cent basis). The first product was shipped from the Belinga Iron Ore Project in Gabon, with a cargo of 11,000t. This is the first time that Fortescue has exported iron ore from a port outside of Australia.
Rio Tinto's Q3 iron ore shipments rise marginally on Gudai …
It estimated Pilbara iron ore shipments to be within the 323 to 338 million tonnes range for 2024. Mined copper production of 169,000 tonnes in the quarter was 5% higher than a year earlier, the ...
Rio Tinto's iron ore shipments miss estimates due to May …
(Reuters) -Global mining giant Rio Tinto reported second-quarter iron ore shipments below analyst estimates on Tuesday, reflecting impacts to production from a train derailment in mid-May. The ...
Iron ore shipments on the Great Lakes up 27.8 percent in May
Shipments of iron ore from US Great Lakes ports totaled 5.6 million tons in May, an increase of 27.8 percent compared to a year ago and 4.8 percent above the month's five-year average, according to a report from the Lake Carriers' Association (LCA).. Year-to-date, the iron ore trade stands at 14.1 million tons, an increase of 42.6 percent …
Iron Ore
Elsewhere, iron ore miners in Australia and Brazil ramped up shipments in June to meet quarterly targets. Iron Ore decreased 33.51 USD/MT or 24.57% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Introduction: Overview of the global iron ore industry
This chapter first provides an overview of world iron ore production and trade, as well as reserves and resources, followed by a summary of the key mining operations …
FMG sees higher iron ore shipments in FY24 after hitting …
During FY23, FMG's total iron ore shipments of 192 million wet tonnes achieved the top end of its guidance for the year (187-192 million wet tonnes), up by 2% on year. Also, it was the fourth straight year FMG delivered full-year record shipments, reflecting its strong performance across the.
Port Statistics
Minnesota provides 80% of the iron ore used in America's first-pour steel. MORE THAN 1 MILLION TONS OF GRAIN MOVE THROUGH THE PORT OF DULUTH-SUPERIOR EACH SEASON, MAKING IT OUR EXPORT. Wheat from America's heartland comprises the bulk of that float, helping feed the world. Other typical grain cargoes from our port …
FY24 total shipments and cost guidance maintained, …
• Iron ore shipments of 45.9Mt were three per cent lower than Q1 FY23 with increased maintenance activity and lower stocks at port following strong shipments in Q4 FY23. • Pilbara Hematite C1 cost of US$17.93/wmt was two per cent higher than the previous quarter and one per cent higher than Q1 FY23, with a continued focus on productivity ...
Fortescue to work with China officials to clear iron ore shipments
The logo of Australia's Fortescue Metals Group (FMG) can be seen on a bulk carrier as it is loaded with iron ore at the coastal town of Port Hedland in Western Australia, November 29, 2018.
December Quarterly Production Report | Fortescue
Iron ore shipments of 48.7 million tonnes (Mt) in Q2 FY24 contributed to shipments of 94.6Mt in H1 FY24, the second highest first half shipments in Fortescue's history. …
Duluth port sees 'vigorous rebound' as taconite shipments push records
Iron ore shipments from the port to steelmakers around the Great Lakes have reached 9.5 million tons so far in the shipping season, which began in March. At that pace it could be one of the ...
Iron ore shipments United States 2023 | Statista
Iron ore shipments in the United States reached an estimated 45 million metric tons in 2023, an increase of about six percent compared to the previous year. …
Iron ore extends fall on China demand concern, high supply
China's iron ore imports jumped 5.3% in July from a month earlier to a six-month high as miners rushed to meet quarterly shipment targets and improving …
FY24 Half Year Results | Fortescue
Iron ore shipments of 94.6 million tonnes (Mt) for the six months ending 31 December 2023 (H1 FY24), were the second highest first half shipments in the Company's history. Underlying EBITDA of US$5.9 billion was 36 per cent higher than H1 FY23, with an increased Underlying EBITDA margin of 62 per cent.
Iron Ore Supply Chain: From Mining to Steel Production
The iron ore supply chain begins with the mining of iron ore, which is then transported to processing plants for beneficiation and further refinement. The refined …
Fortescue hit with unusual delays in China iron ore customs …
Fortescue Metals faces customs delays for iron ore shipments in China's Caofeidian port, perhaps a result of difficulties in its procurement deal negotiations with the government.
Rio Tinto's Q2 iron ore shipments slip but strong full-year …
Rio Tinto (RIO) reported a small decline in Q2 iron ore shipments, as a train derailment in June offset continued a ramp up in production at its Gudai-Darri mine in Australia's Pilbara area.
Fortescue's Annual Iron-Ore Shipments Roughly Flat on Year
Australia's Fortescue FMG 0.64 % increase; green up pointing triangle said its iron-ore shipments were broadly flat over the past year, as it grappled with setbacks including a derailment and ...
The Largest Ships in the Huge Iron-Ore Trade
The latest data from China claim the country is the third largest iron ore producer in the world at 375 million metric tons. But to …