Rio Tinto’s Q2 iron ore shipments miss after May train derailment
The world's largest producer of iron ore shipped 80.3 million tons of the steel-making commodity in the quarter.
A planned dividend payment by steelmaker Siderar SID.BA was blocked by an Argentine judge on Thursday in the latest twist in a row linked to the government’s efforts to tighten control over leading companies.
The steel company had planned to pay a 2010 dividend of $359.5 million on Friday despite a ruling last month by the country’s stock market regulator that effectively annulled the payment by declaring a shareholders meeting void.