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Engaged in distribution of construction steel and downstream Vale Qi hand - iron and steel, steel, by sgbvdf asga
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Engaged in distribution of construction steel and downstream Vale Qi hand - iron and steel, steel, by SGBVDF ASGA
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| Article Posted: 03/21/2011 |
| Article Views: 128 |
| Articles Written: 2044 - MORE ARTICLES FROM THIS AUTHOR |
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Engaged in distribution of construction steel and downstream Vale Qi hand - iron and steel, steel, |
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Business,Business News,Business Opportunities
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Problems due to higher freight constraints, Brazil's Vale mining company sought to reverse the disadvantage faced by Australia. Reporter was informed that Vale is working to expand in Asia
Iron ore Sales, and tried to distribution centers and coordinated the logistics of iron ore to save shipping costs at the same time, CVRD plans to invest 573 million U.S. dollars has also set up rolling mills. Vale distribution center construction will help to strengthen its main iron ore in China, supplier status.
According to Brazilian media reports, the Brazilian mining giant Vale is planning to invest 1 billion reais (5.73 billion U.S. dollars) set up a rolling mill in Rio de Janeiro. The plant will mainly rolled steel sheet, the location will be located in an are from the Brazilian Atlantic Steel Corporation (CSA) within the construction of steel mills. CSA is a company by the German ThyssenKrupp holding company, CVRD holds CSA27% of the shares. CSA is expected to build the plant will start in the first half of 2010, annual production capacity of 5 million tons of steel sheet material.
Upstream, Vale is trying to expand sales in Asia's iron ore, CVRD will be the establishment of iron ore in several regions of Asia, distribution center, warehouse next to a total of 100 million tons of iron ore. 2010, the company's investment plans include Oman and Malaysia in the establishment of a new iron ore distribution center in China next plans to build a national distribution center for iron ore. Through the distribution center, Vale will supply limitation and to meet customer special needs will be better able to overcome Brazil's long distance between the mine and Asia to bring barriers.
Transport, Vale will have 18 large vessels for Brazil - Asian ore transportation in August 2008, the company signed with a Chinese shipyard 12 40 tonnage of large vessels ordered the contract. The total investment of about 1.6 billion U.S. dollars, all used for the transport of iron ore in Brazil to Asia, the first ship will be delivered early 2011. In addition, CVRD major shipping companies with Japan and South Korea signed a long-term contract of carriage.
Vale such a big move because Asia has become the single most important Brazilian iron ore export market, Brazil's foreign trade statistics, including China, Brazil's iron ore exports to Asia accounted for 70.5% of total exports far more than Europe, North America, South America and the Middle East share of exports. Vale market supply and demand is expected to remain tight next year and continue to maintain full capacity, annual production of 2014 will be extended to 450 million tons of iron ore.
Earlier, as sea freight is too high, making Vale in the Australian iron ore supply advantages as mine, in April 2009, Brazil 65% of the fine ore freight up to 48.35 U.S. dollars / ton, while the Australian mine only it half. Guotai Junan report that the average price will rise next year's sea freight around 20%.
Guotai Junan Chen Chun Yu analyst believes that the ore supply-demand balance in 2010 than in 2009, slightly tight: on the one hand, due to China's strong demand for minerals, the three mines to improve quarter by quarter capacity utilization is now basically over Australia production. The greater degree of pre-cut Vale Q3 production has recovered to the level of 80% in previous years, follow-up capacity increment can not be quickly heavy volume. On the other hand, Europe, the United States, Japan and South Korea started the monthly recovery rates are expected to maintain the upward trend will continue next year. 2010 ore prices by about 9% -16%. I am China Toys Suppliers writer, reports some information about beard mustache trimmers , battery operated beard trimmer.
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