20
Jul
14:12
Vale sets new production record in Q2
Brazil’s Vale continues to improve its output. After an all-time record for production in the first quarter, the company set a new record for Q2. Vale produced 91.8 million tonnes of iron ore in Q2, up by 5.82% year-on-year, remaining on course to reach its target of 400mt in 2017, Kallanish learns from the company's quarterly results statement.
According to Vale, the miner reached this level of output due mainly to the contrib…
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Anonymous
Very good overview of the weekly steel market.
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