Iron ore and Coal

Russian Metalloinvest’s iron ore output falls slightly in Q1

Russian Metalloinvest’s iron ore output falls slightly in Q1
Mining News Agency -Metalloinvest, a Russian mining and metallurgy company, announced that the iron ore output was around 9.9 million tons in the first quarter of 2018, fell by 2% compared to the previous quarter.
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Mining News -Meanwhile, the ore pellet output was about 6.7 million tons, increased by 2.7% quarter on quarter. And the ore pellet shipment was 3 million tons roughly, decreased by 12.1% quarter on quarter.

The crude steel output was around 1.2 million tons in the first quarter, grew by 6% compared to the previous quarter. The pig iron output was about 710,000 tons, rose by 5.9% due to the increasing global demand.


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