ArcelorMittal increases iron ore sales volume based on market price

By Viral Shah / August 02, 2018 / www.metalbulletin.com / Article Link

ArcelorMittal's market-priced iron ore shipments increased 5.4% year on year to 10 million tonnes in the second quarter of 2018, the company said on Wednesday August 1.

The company expects its market-priced iron ore shipments for the full year of 2018 to rise 10% year on year from 35.7 million tonnes in 2017.The company has mining operations in the United States, Canada, Mexico, Brazil, Liberia and Kazakhstan. Metal Bulletin's 62% Fe Iron Ore Index averaged $65.10 per tonne cfr Qingdao in April-June 2018, up from $62.90 per tonne cfr China in the corresponding quarter in 2017.Metal Bulletin's 65% Fe Iron Ore Index averaged...

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