You are here

World's top iron-ore miner swells output despite glut, bear market

Rio de Janeiro

VALE SA boosted iron-ore production last quarter to the second-highest ever for the company, exceeding analysts' estimates and worsening a supply glut that saw prices of the steelmaking ingredient collapse.

Iron-ore output rose 7.4 per cent to 85.3 million tonnes in

sentifi.com

Market voices on:

Powered by GET.comGetCom