CAPITAL MARKETS

Report: CVRD iron ore set for record year

BRAZILIAN iron ore giant CVRD expects record iron ore exports this year on the back of a rebound in the global steel industry, particularly in China.

Greg Tubby
Report: CVRD iron ore set for record year

"We will sell 113 million tonnes of iron ore and pellets to foreign markets this year, 10% more than the 103Mt in 2001," Armando Santos, executive director of CVRD's iron ore division, told business daily...

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