Vale, one of the world's largest iron ore producers based in Brazil, said on Friday that it has signed a memorandum of understanding with China Baowu Steel Group Corporation Limited.
China's largest steelmakers scaled back production in late October to the lowest since March 2018, after slightly increasing output from lows in late September.
Elias Mokwana of Save SA Smelters quotes extensively from a document produced by North West University in support of a chrome ore export tax which, it states, “should only be used in the short to medium term” (“Benefits of chrome-ore export tax”, November ...