21
Jan
07:55
Fire could lower Vale annual production target: analyst
Brazil’s Vale may not meet its 2021 iron ore production target, according to a market analyst. Financial services firm BTG Pactual forecasts the miner’s output could suffer some adjustment following the fire at one of its iron ore loaders at the Ponta da Madeira port terminal last week, Kallanish notes.
Vale’s 2021 production is expected to reach 315-335 million tonnes, according to the miner’s latest outlook.
“The accident creates m…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous