30
Oct
07:40
Vale says Covid-19 effect raises sales to China
Brazil’s Vale says it has substantially increased its iron ore shipments to China as an effect of the Covid-19 pandemic.
The miner’s daily iron ore output has reached almost 1 million tonnes. This has given Vale the confidence it will reach its annual target, supported by strong production rates also in the fourth quarter, Kallanish notes.
“Our current daily performance would allow us to produce between 310-330 million tonnes in 2020; however, …
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