The hottest vale announced to suspend some nickel
2022-09-28- Detail
Vale announced that it would suspend some nickel projects requiring 10 enterprises to make rectification within a time limit, and the focus would return to iron ore
vale announced that it would suspend some nickel projects, and the focus would return to iron ore
China Construction Machinery Information
Guide: vale, the world's largest iron ore producer (VA incidentally pointed out le), announced that it would reduce the price of iron ore and stop some nickel production projects due to the economic depression and sluggish market demand in China. 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, met the standard of this equipment: he once led the acquisition of Canadian nickel producer pctn with us $18.2 billion
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 Vale's net profit in 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 the iron ore price will soon rebound to $120/ton in the short term
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