31
Aug
16:20
Increased output, firm prices seen boosting Vale performance
Vale’s top line is expected to receive a boost in the upcoming quarters from improved iron ore prices in the near term on the back of higher Chinese steel demand, according to investment research firm Zacks.
Vale’s new iron ore mine and processing plant – built under the Carajás Serra Sul S11D project – is estimated to be operational from the second half of 2016. Also, aggregate production of coal is expected to increase after the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous