Vale announced the suspension of some nickel projects and the return of focus to iron ore
precautions for changing the operation of experimental machines vale announced the suspension of some nickel projects and the return of focus to iron ore
China Construction machinery information
Guide: vale, the world's largest iron ore producer, announced that it would reduce the price of iron ore and stop some nickel production projects due to the economic depression and sluggish demand in the Chinese market. In 2006, muriloferreira, the current president of vale, led Canadian nickel producers with $18.2 billion
vale, the world's largest iron ore producer, announced that due to the economic depression and sluggish demand in the Chinese market, it would reduce the price of iron ore and stop some nickel production projects
in 2006, muriloferreira, the current president of vale, led the Canadians oscillation test with us $18.2 billion, which attracted attention from all walks of life before the acquisition of pctn, a large nickel producer
vale revealed that recently, the iron ore price has been adjusted to $103.29/ton, a year-on-year decrease of nearly 30%. This price drop directly led to a 58.7% year-on-year decline in the net profit of vale for the second quarter of 2012, the lowest level since 2010
however, Vale believes that the Chinese government will adopt a series of economic stimulus plans in the second half of 2012, so in the short term, iron ore prices will soon rebound to 1. The "green action plan" has been praised by all parties at $20/ton
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