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  • Vale grows profit to US$2.5bn in Q1

    4/27/17
    Brazilian iron ore giant Vale posted net income of US$2.49bn for the first quarter compared with US$1.78bn a year earlier. The quarterly profit is the company's biggest since 2013, CFO Luciano Siani (pictured) said in a video clip...

  • METALS: The week in 10 stories

    4/21/17
    The week saw positive news for Brazilian steelmaker Usiminas, which reported a profitable Q1 after 10 consecutive quarterly losses. The 108mn-real (US$34.4mn) net profit came despite lower crude steel production, down 7.18% to 737,0...

  • Brazil's Vale sets quarterly output record

    4/20/17
    Brazilian mining giant Vale's iron ore output from its own operations rose 11.2% in 1Q17 to 86.2Mt, a record for a first quarter. Vale said the performance was mostly due to a ramp-up of iron ore projects S11D and Itabiritos. ...

  • Usiminas finally swings to profit

    4/20/17
    Brazilian steelmaker Usiminas reported a net profit of 108mn reais (US$34.4mn) for Q1 after posting losses for 10 consecutive quarters. The figure compares with a net loss of 151mn reais in 1Q16, Usiminas said in an earnings...

  • Steel and iron production in Argentina

    4/17/17
    Monthly and annual steel and iron production in Argentina in thousands of tonnes. Data covers 1993 to March 2017 and is broken down by type of metal: primary steel, crude steel, hot-rolled flat steel and cold-rolled flat steel....

  • METALS: The week in 10 stories

    4/13/17
    Mineral export figures from across the region dominated the news this week, with Peru reporting a 59.8% increase in mining exports in February to US$2.23bn. Guatemala saw exports mineral fall in February, with lead, precious and...

  • Vale reports increased iron ore reserves

    4/11/17
    Brazilian mining giant Vale's total iron ore reserves increased 5.57% in 2016, according to the company's latest F-20 sent to the US Securities and Exchange Commission (SEC) and released Monday. Vale's proven and probable iron ore...