Metalloinvest Iron Ore Output Rises 9% in 2011

Bloomberg reported Russia’s Metalloinvest said output rose 9 percent last year to 40.1 million metric tons.

As quoted in the market news:

Iron-ore sales to companies not affiliated with Metalloinvest was 3.2 million tons. Fourth-quarter iron-ore output reached 10 million tons.

Click here to read the full Bloomberg report.