FMG News: UPDATE 2-Fortescue iron ore shipments fall short after derailment - 24th Apr 2024, 9:04am

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(Recasts, adds detail throughout, analyst comments in paragraphs 3-4)

April 24 (Reuters) - Australia's Fortescue on Wednesday logged a larger-than-expected decline in third-quarter iron ore shipments, following a derailment of ore cars and weather disruptions that also led to a slight cut in its outlook for annual shipments.

The world's fourth-largest iron ore miner said it shipped 43.3 million metric tons of the steel-making commodity in the three months ended March 31, down from 46.3 million...

>>> Read more: UPDATE 2-Fortescue iron ore shipments fall short after derailment
 
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