29
Jul
15:00
Vale’s Mid-East sales rebound in second quarter
Vale’s iron ore and pellet shipments in the Middle East jumped to 1.57 million tonnes in the second quarter against only 276,000t in Q1. In the year-earlier quarter they were 1.14mt, Kallanish notes.
The rise is thanks to strong demand, easing pandemic restrictions, and awarded infrastructure and construction projects in the Middle East stimulating an increase in demand for the raw material, sources observe.
The region thus accounted for 2.1% of the Brazili…
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Anonymous
Very good overview of the weekly steel market.
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