02
Aug
10:26
Vale completes Ferrous Resources acquisition
Brazilian miner Vale says that will increase its pellet production after having completed the Ferrous Resources Limited’s acquisition, Kallanish learns from the company. The deal is valued at $550 million.
“Vale reaffirms the importance of this acquisition, which will immediately increase its production with 4 million tonnes of high-quality pellet feed at competitive operating costs, once the Viga 4 project has had a successful ramp-up, thus reaching…
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Anonymous
Very good overview of the weekly steel market.
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