MYSTEEL: World Q3 iron ore output up 20 mln t on quarter
Nov 15, 2019 18:45
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Global iron ore production over the July-September quarter grew 19.5 million tonnes or 4% on quarter to 567 million tonnes, with the major contributors, unsurprisingly, being the top producers including Vale, Mysteel’s latest survey on the 62 mining companies in 15 countries showed.
Iron ore miners from Brazil and Australia contributed to 28.6 million tonnes of added supply in the July-September quarter, or 335.4 million tonnes of the total output, among the individual companies, Vale added 22.6 million tonnes on quarter and Rio Tinto’s iron ore production grew 7.6 million tonnes on quarter,