20
Apr
13:40
Vale sets more production records in first quarter
Brazil’s Vale continues to break its own output records. The company produced 86.2 million tonnes of iron ore in the first quarter of 2017, Kallanish learns from the company's quarterly results statement.
This represents growth of 11.2% y-o-y and is an all-time record for production in Q1. According to Vale, the miner reached this level of output due mainly to the contribution from its S11D and Itabiritos projects. S11D produced 36.0mt in Q1 of 20…
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Anonymous
Very good overview of the weekly steel market.
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