Venezuelan state-run iron ore producer CVG Ferrominera Orinoco (FMO) supplied 82,669 mt of iron ore in a single week to state-run steelmaker Sidor.
Sidor is Ferrominera’s main iron ore consumer.
According to Ferrominera, the amount of iron ore supplied to Sidor in the third week of January has not been reached since the 18th week of 2015.
Ferrominera said it produced 188,188 mt of iron ore total in the third week of January, a number that it hasn’t reach since the 44th week of 2016.