Industry News

Fortescue Metals 1H Net Profit US$2.37 Billion, Down 15% On-Year

Views : 151
Update time : 2023-02-15 18:05:08

Fortescue Metals Group Ltd. on Wednesday reported a 15% fall in first-half profit and pared its interim dividend as iron-ore prices fell and production costs increased.

The world's fourth-largest iron-ore producer said it made a net profit of US$2.37 billion in the six months through December, down from US$2.78 billion in...

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern