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    iron investing

    Metalloinvest Iron Ore Production Up For Third Quarter

    Written by Investing News Network
    |
    Oct. 31, 2012 10:52AM PST

    Reuters reported Metalloinvest said on Wednesday its iron ore production was up 1.5 percent to 10.13 million tonnes in the third quarter compared to last year’s period.

    Reuters reported Metalloinvest said on Wednesday its iron ore production was up 1.5 percent to 10.13 million tonnes in the third quarter compared to last year’s period.

    As quoted in the market news:

    Production of iron pellets increased 1.8 percent to 5.69 million tonnes compared to 5.60 million tonnes a year ago but crude steel output was down 1.4 percent to 1.44 million tonnes from 1.46 million tonnes a year ago.

    Click here to read the full Reuters report.

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