UPDATE 2-Fortescue's quarterly iron ore output up nearly a third
January 24, 2013 at 01:45 AM EST
SYDNEY, Jan 24- Fortescue Metals Group, the world's fourth-largest iron ore miner, lifted shipments by 32 percent in the December quarter from a year ago, nearly all bound for Chinese steel mills. Fortescue said it expected volatile market conditions in China to stabilize in the near term.
