21
Feb
14:24
Vale's Middle Eastern fourth-quarter iron ore sales halve
Brazilian-headquartered Vale’s iron ore and pellet shipments in the Middle East more than halved on-year in the fourth quarter of 2019 to 2.01 million tonnes. This was also down -18% from Q3.
The region accounted for 2.27% of Vale’s consolidated shipments in Q4 compared to 4.3% in the year-earlier quarter.
Middle East shipments in full-year 2019 were thus down -34% on-year to 8.18mt.
Vale’s consolidated net operating revenue, including all mine…
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Anonymous
Very good overview of the weekly steel market.
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