Vale Says Giant Iron Ore Carrier, Sent to Italy, to Go to China as Needed
Bloomberg reports Vale SA (NYSE:VALE) is building a fleet of iron-ore carriers and plans for the first ships to go to China and Italy.
Articles Tagged "NYSE:VALE"
Equity Research on Vale S.A. and Companhia Siderurgica Nacional
Shinesroom reports they are providing members comprehensive research on the iron industry including research on Vale S.A.(NYSE:VALE) and Companhia Siderurgica Nacional (NYSE:SID).
Vale Sees No Slowing of China Ore Demand as Nation Builds 36 Million Homes
Bloomberg reports that Vale S.A. (NYSE:VALE,SAO:VALE5) sees no slowing down in China's demand for iron ore as the country builds 35 million low-cost homes.
3 Factors Iron Investors Should Consider
Concerns about the future of the iron market are growing. Investors considering their next move may want to consider oversupply, China's electricity and Japan's steel industry.
Vale clause means Q3 iron ore prices to stay at record high
Platts reports Brazil's Vale (NYSE:VALE) , the biggest iron ore exporter, looks set to enjoy record-high contract prices into the third quarter.
Looking at Vale’s USD 5bn Dividend for 2011
Mineweb.com reports that diversified miner Vale (NYSE:VALE) will be paying a dividend of at least $4bln this year.
Brazil’s Vale to invest record $24 bln in 2011
Reuters.com reports that Vale (NYSE:VALE) intends to invest $24bln in 2011 in an effort to diversify towards pricier metals.
Steel industry discussing new iron ore pricing model
People's Daily Online reports that there is a new pricing model for the iron ore industry being considered. Spearheading this change are industry giants Vale of Brazil(NYSE:VALE), BHP Billiton(NYSE:BHP) and Rio Tinto (NYSE:RIO).
Vale, Largest Iron Producer, on Edge from Brazilian Tax Cut Threat
The company’s current challenge within its domestic market will be to remain cost competitive if tariffs are eliminated and demand continues to climb, as the Brazilian currency has also demonstrated very strong relative appreciation.
Chinese Iron Ore Boycott Unsustainable
Iron ore demand is increasing among Chinese steel makers and the CISA lead boycott is simply not credible. Iron mining companies recognize this and will not relent from their position, which grows stronger every day that global demand recovers and ore prices rise.
