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16 Apr
09:48

Vale foresees tough market outside China

Brazil’s Vale foresees an uncertain global economic scenario in 2020 due to Covid-19 outbreak, the miner’s chief financial officer, Luciano Siani, says in an interview with Estadão monitored by Kallanish. “The global recession scenario will be very harsh, but Vale tends to suffer less because it is in a less affected commodity segment, is a low-cost ore producer and sees signs of economic recovery in China, its main market,” Siani sa…
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