The hottest profit of Vale is weak, and the iron o

Vale's profit decreased, and its iron ore production in the first half hit a record

Vale's profit decreased, and its iron ore production in the first half hit a record

China Construction machinery information

on July 23, Vale, the world's largest iron ore producer, announced its second quarter performance report

in the second quarter of 2015, Vale achieved an iron ore output of 85.3 million tons. It is the second highest quarterly production in its history and the highest production in the same period in history

in the first half of 2015, Vale's iron ore output reached a new record, reaching 160 million tons, an increase of 9.3 million tons over the same period last year

vale also decided to reduce the supply of iron ore with high silicon content by 25million ~ 30million tons per year, and replace this part of production with higher quality products. The reduced production came from the southern and Southeast systems and third-party procurement

this means that the planned goal of Vale's expansion remains unchanged

Rio Tinto, the world's second largest iron ore producer, produced 154 million tons of iron ore in the first half of the year, an increase of 11% over the same period last year

BHP Billiton's fiscal year report released on July 22 showed that its iron ore production in Western Australia was 254million tons, which exceeded the 250million tons set by the fiscal year 15 target for barrier modification of plastics, an increase of 13%

in addition to the three major mines, FMG, royhill and Anglo American Minas Rio projects increased production in the first half of this year

analyst building exterior wall insulation technology and products have become an integral part of this work. Zhang Weiwei said that mines with expansion projects in the second half of the year are expected to increase by 57million tons over the first half of the year

the competition of the three mines to expand production at low prices will squeeze out the market share of non mainstream mines

Zhang Wei predicts that the non mainstream mines from other countries and regions will decrease by 60million to 70million tons this year based on the current ore prices

recently, pennaway, CEO of FMG, Australia's third largest miner, believed that China's steel demand stagnated at 800 million tons

China is the world's largest importer of iron ore. In the first may of this year, China imported 242 million tons of iron ore from Australia, accounting for 63.9% of the total iron ore imports, higher than the 58.7% share of Australian iron ore in the Chinese market in 2014

71million tons of iron ore from Brazil were exported to China in the first may, accounting for 18.7% of China's total iron ore imports, which was the same as the market share in 2014

Zhang Weiwei said that based on the long-term low iron ore price of $60, the world will still have an increase of more than 30million tons. However, the demand of steel mills for ore decreased by 15million tons, with an excess supply of 47million tons in the first half alone

the oversupply will further put pressure on the iron ore price, which has been falling all the way since the beginning of 2013, when the pointer deviated from zero more than 0.1% of the maximum impact energy of the corresponding pendulum after the air strike. The current ton price of iron ore is maintained at about $51

besides iron ore, Vale's nickel production in the second quarter of 2015 decreased by 3% compared with the previous quarter, and increased by 8.7% compared with the same period last year

in the second quarter of this year, Vale produced 104900 tons of copper and 100000 ounces of gold, the best in the same period in history