23
Feb
13:00
Vale returns to profit in 2016
Brazilian iron ore miner Vale expects demand for iron ore globally to remain firm in 2017 supported by credit availability in China. 2016 was a positive year for the miner as it returned to profits, Kallanish learns from the company's annual results statement.
The company notes that in 2016 steel demand improved in China and steel production continued to grow globally. Vale itself produced a record of 348.8 million tonnes of iron ore…
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Anonymous
Very good overview of the weekly steel market.
Anonymous