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 deal between steel producer ArcelorMittal and Mexico’s miners union was rejected by workers on Wednesday, Mexico’s labor ministry said a statement, saying the deal had been “favorable.”
The deal would have put an end to a work stoppage at ArcelorMittal’s western Mexico site that started at the end of May.
(By Kylie Madry and Brendan O’Boyle; Editing by Sarah Morland and Chris Reese)
Comments