Valin Steel：About 90% of the company's iron ore is imported

  • Monday, January 11, 2021
  • Source:ferro-alloys.com

  • Keywords:Valin steel,steel,iron ore,imported iron ore,Rio Tinto,Vale,FMG,Kumba
[Fellow]Valin said on the interactive platform, like most steel companies are highly dependent on imported iron ore, about 90% of the company's iron ore comes from imports, mainly from Australia, Brazil, South Africa and other large mines, including Rio Tinto, Vale, F...
 
Valin said on the interactive platform, like most steel companies are highly dependent on imported iron ore, about 90% of the company's iron ore comes from imports, mainly from Australia, Brazil, South Africa and other large mines, including Rio Tinto, Vale, FMG、Kumba and so on; about 10% of the purchase from domestic mines.
Among them, the proportion of imported mine chief is about 65%, which ensures the stability of purchasing channel and quantity.
Iron ore purchased from FMG accounts for 20-30% of imported ore purchases, based on market pricing.
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  • [Editor:wenxin]

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