HomeSteelSteel raw materials Vale reduces 2020 iron ore output guidance to 300-305 million tonnes Brazilian miner Vale has lowered its iron ore production guidance for 2020 to 300-305 million tonnes from 310-330 million tonnes due to the supply disruptions seen throughout the year, the company said on Wednesday December 2 in a filing to the country’s securities and exchange commission, CVM. Previously, the company was expecting to deliver the bottom end of the estimated range for 2020, given adverse weather conditions at the start of the year and issues stemming from the Covid-19 pandemic. The ramp-up at units halted due to the 2019 disaster at Brumadinho also took longer than expected. Vale... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Renato Rostás December 02, 2020 14:33 GMT São Paulo Keywords Vale iron ore output Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
