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World's top iron-ore miner swells output despite glut, bear market
Published Fri, Jul 24, 2015 · 09:50 PM
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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 the quarter thr…
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