Vale achieved an iron ore production volume of 82 million tons (mt) in Q1 of 2018, mainly due to the company’s decision to progressively reduce lower grade ore production from the southern and south eastern systems, which resulted in a 4.9 percent reduction when compared to Q1 of 2017.
Additionally, a more intense rainy season in Q1 of 2018 also contributed to this impact. Compared to Q4 of 2017, production was 12.2 percent lower due to this amplified weather-related seasonality in Brazil.
Nevertheless, sales volumes of iron ore and pellets stood at 84.3 mt in Q1 of 2018, 6.4 mt higher than in Q1 of 17, achieving a record for a first quarter, as a result of the flexibility and active management of its supply chain, optimising price realisation and margins, thus resulting in a higher sales or production ratio. In the coming quarters, the sales or production ratio will reflect the ongoing offshore blending activities, completing the build-up of offshore stocks.
Anglo American’s Kumba iron ore output up 4% in Q1
Anglo American reported an increase in its Kumba iron ore production by 4 percent to 10.9 mt, driven by improved productivity at Kolomela.
この記事は Steel Insights の May 2018 版に掲載されています。
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この記事は Steel Insights の May 2018 版に掲載されています。
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Steel's Net Zero mission
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Global crude steel output down 8% in September
China manufactured 74 mt in September, fall of 21% y-o-y while India’s production went up by 7% to 10 mt.
MOIL embarks on expansion projects
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Shrinking China output to boost India exports
“In the third quarter of 2021, the company actively responded to the pressure from external policies, such as production curtailment and dual control system on energy consumption and intensity, as well as coal resource shortage and surging prices.” Baoshan Iron and Steel Co Ltd
Indian Railways' iron-ore handling up 25% in H1
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September crude steel production up 7.2% y-o-y
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“Five enablers: way forward to sustainable cleaner steel”
Right and scalable technology, appropriate policy guidance by government, access to finance to fund transition, willingness of customers to pay for cleaner products and infrastructure for use of new technologies are the need of the hour for the sustainable and cleaner steel industry, according to Madhulika Sharma, Chief Corporate Sustainability, Tata Steel.
