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Home / Metal News / BHP Billiton Iron Ore Output Up 8% YoY in Q4

BHP Billiton Iron Ore Output Up 8% YoY in Q4

Jul 19, 2017 11:49

Source:SMM

The world's number one mining company BHP Billiton released its financial report in Q4 on Wednesday.

SHANGHAI, Jul. 19 (SMM) - The world's number one mining company BHP Billiton released its financial report in Q4 on Wednesday.

Iron ore output at the company was 60 million tonnes in Q4, up 8% YoY, according to the report. BHP Billiton attributes capacity expansion and improvement of supply chain as major factors to the growth.

China Crude Steel Daily Output Hits New Record in June Despite Elimination Efforts, SMM Reports

Iron ore production is expected to rise 4% YoY to 275-280 million tonnes in 2018 financial year.

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According to data tracked by SMM, 74 ships arrived at domestic main ports from July 25-31. Arrivals of cargoes are estimated to stand at 11.85 million mt, down 130,000 mt from the previous week, and a decrease of 3.11 million mt from the same period last year.

Aug 3, 2021 14:56

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Iron Ore Arrivals at Chinese Ports Shrank 130,000 mt on Week

Crude Steel Production Reduction and Off Season Effect Depressing Demand, Iron Ore Trending Down?

Data showed that the iron ore arrivals at port last week (7.18-7.24) were expected to be 1,198 mt, down 650,000 mt from the previous week and down 2.98 million from same period last year, according to SMM. Imported iron ore arrivals have fallen for three consecutive weeks, offering some support to iron ore prices.

Jul 28, 2021 15:28

Analysis SMM Comments Industry

Crude Steel Production Reduction and Off Season Effect Depressing Demand, Iron Ore Trending Down?

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BHP Billiton Iron Ore Output Up 8% YoY in Q4

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