Updated Oct. 25, 2023 7:46 pm ET
Fortescue Metals Group on Thursday said first-quarter iron-ore shipments fell by 6% on-quarter and costs rose.
The world’s fourth-largest iron ore producer reported shipments of 45.9 million metric tons for the three months through September, down from 48.9 million tons the quarter immediately prior. Shipments totaled 47.5 million tons in the year-earlier period.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8