01
Feb
13:22
Vale’s iron ore production falls in fourth quarter
Brazil’s Vale saw iron ore output decrease both quarter-on-quarter and on-year in the fourth quarter in 2022, Kallanish notes.
Vale produced 80.85 million tonnes of iron ore in Q4, down 9.9% on the previous quarter and 1% less y-o-y.
Northern System output, which comprises the Serra Norte, Serra Leste and S11D mines, reached 45.09mt in Q4, a fall of 9.2% and 9.8% down respectively on-quarter and on-year. S11D production comprised 18.61mt, down 1.9% on …
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Anonymous
Very good overview of the weekly steel market.
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