18
Oct
08:50
Vale’s iron ore production improves in third quarter
Brazil’s Vale saw iron ore output increase both quarter-on-quarter and on-year in the third quarter, Kallanish notes.
Vale produced 89.7mt of iron ore in Q3, up 21% on the previous quarter and 1.1% more y-o-y.
Northern System output, which comprises the Serra Norte, Serra Leste and S11D mines, reached 49.65mt in Q3, up 27.1% but down 6.4% respectively on-quarter and on-year. S11D production comprised 18.97mt, an increase of 14.8% on Q2 but 9.9% less y-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous