21
Oct
13:16
Limited pellet feed availability reduces Vale Oman output
Vale’s Oman-based iron ore pelletising plant saw production fall 12.9% on-year in the third quarter to 2.16 million tonnes, while nine-month output decreased 5.7% on-year to 5.54mt. This was due to limited pellet feed availability, the Brazilian miner says.
Oman production accounted for 25.9% of Vale’s consolidated pellet output in Q3 versus 29% a year earlier, Kallanish notes.
Vale’s Oman plant is 30% owned by Oman Oil Company. Regional major d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous