Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast
The company had earlier warned of total losses of 13 million metric tons of iron ore due to inclement weather.
Iron ore prices fell on Monday as mounting steel stocks and rising portside iron ore inventory indicated a slow recovery in demand from China. Benchmark 62% Fe fines imported into Northern China fell 2.82%, to $122.13 per tonne, the lowest...
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