Thyssenkrupp, ArcelorMittal Lose Out Even as Vale Recovers from Disaster — Panjiva
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Thyssenkrupp, ArcelorMittal Lose Out Even as Vale Recovers from Disaster

Brazil 393 China 2968 European Union 823 Materials - Metals/Mining 748 Metals - Steel 511

Brazilian iron ore miner Vale has reported a 35.4% sequential increase in production in 3Q. The recovery compares to the prior period which included a mining disaster and means the production was still down by 17.4% compared to the same period a year earlier. Exports by Vale of iron ore from Brazil have similarly jumped 125.3% in August since their April trough, but were nonetheless down by 9.7% compared to a year earlier. Increased exports by Anglo American and CSN made up much of the difference, though total Brazilian exports were still down 1.6% year over year in August. Vale’s Chines...

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