Australian Fortescue's steelmaking commodity shipments fall in Jan-Mar y-o-y
Time:Fri, 26 Apr 2024 08:45:27 +0800
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Fortescue, a global metal mining and green energy company headquartered in Australia, announced that in the three months ending March 31, its shipment of steelmaking commodity reached about 43.3 million tons, lower than 46.3 million tons year on year.
The main reasons are that mine car derailments and weather disruptions have reduced its shipments. Due to the impact, Fortescue expects shipments in fiscal 2024 to fall below the lower end of its forecast of 192-197 million tons.
