[SMM Brief Analysis: Sales Volume of the Four Major Overseas Iron Ore Mines Declined Synchronously in the First Quarter Compared with the Previous One] Up to now, the quarterly reports of the four major overseas iron ore mines have been released. According to the data, the production and shipment volumes of the four mines have both declined in the first quarter compared with the previous one. The decline in production ranged from 9% to 21%, while the decline in shipment ranged from 4% to 29%. In terms of the total volume of the four mines, production fell by 14% in the first quarter compared with the previous one, while remaining stable year-on-year. In terms of sales volume, it fell by 15% compared with the previous one, but increased by 2% year-on-year. However, according to the annual target, the four mines have maintained their original targets unchanged.
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