Russian iron ore producer IRC's third quarter report: Third quarter production was 580,000 tons, a 10.5% decrease from the previous quarter, mainly due to ore quality, bad weather and mining cost issues. Sales were 570,000 tons, a 16.6% decrease from the previous quarter. Total sales in the first three quarters of 2021 increased by 0.8% compared to the first three quarters of 2022. This quarter, K&S mine continued to use the Amur River Bridge Railway to transport to Chinese steel mills. Sea sales were resumed in the first quarter, but due to macroeconomic and operating conditions being unstable, iron ore prices were weak and sea sales were suspended.
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