20
Apr
08:03
Vale first-quarter iron ore production rises on-year
Brazil’s Vale saw iron ore output increase year-on-year in the first quarter, but it was down on-quarter.
“Vale’s deceleration in activities on-quarter is mainly attributed to the usual seasonality, while the year-on-year growth is attributed to the gradual resumption of halted operations in Timbopeba, Fábrica and Vargem Grande complexes throughout 2020,” the company comments.
The on-year improvement was also due to stronger p…
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Very good overview of the weekly steel market.
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