Arrium Iron Shipments Rise 8.3 Percent

The Australian reports that Arrium said iron ore shipments surged 8.3 per cent in the third quarter as it continued to boost output at its Southern Iron mine in South Australia, which began producing towards the end of last year.

As reported in the market news:

The iron ore producer and steelmaker, formerly OneSteel, said yesterday it exported 1.97 million tonnes of iron ore in the three months to March 31. That was up from 1.82 million tonnes in the preceding three months and included 501,000 tonnes from the Southern Iron mine, 375,000 tonnes more than in the previous quarter.

Click here for the full report from The Australian