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| Rio tinto group 1 quarter of iron ore shipments fell 12% month-on-month |
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date：2015-04-22 11:18:12 hits：986 | |
According to market observation, Australian mining giant Rio tinto today said recently that its iron ore shipments fell sharply in the first quarter, but still expects 2015 sales to an all-time high.
It is reported that its iron ore shipments fell not because of high-level decision, mainly related to the global iron ore market oversupply.In addition, in northwest Australia (iron ore production in the region is rich) wet weather and capacity shortage, also is the cause of iron ore shipments plunged.
Data show that Rio tinto iron ore shipments fell 12% in the first quarter of this year, 72.5 million tons;But the number from last year growth of 9% over the same period last year.Said Rio tinto has signaled it will try to change 2015 years of poor performance, will ensure that the previously formulated the total output of 350 million tons of iron ore to achieve it.It is important to note that Rio tinto in 2014 of the annual iron ore production target of 303 million tons.
But market analysts on the future trend of the iron ore prices are still "see", but the main reason is that the Asian market for iron ore demand is insufficient, cannot digest the miners excess production.
Rio tinto has been performed by the increased production policy has received criticism, and at first, because China
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