26
Nov
00:00
Valemax gaining acceptance in China
Vale’s ambitious investment to lower freight costs and reduce shipping times to China, its fleet of 400,000 deadweight tonne Valemax iron ore carriers, may finally be overcoming opposition from Chinese shippers, according to Chinese media. The news will be an important step in Vale’s equally ambitious goal to ramp up sales to China, Kallanish notes.
Vale’s historical disadvantage compared with its Australian competitors has been its distanc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous