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Reuters reported Vale (SAO:VALE5) has not yet sold its first iron ore shipment to China, instead it has stored the material near port.
Reuters reported Vale (SAO:VALE5) has not yet sold its first iron ore shipment to China, instead it has stored the material near port.
As quoted in the market news:
The 388,000-deadweight-tonne vessel Berge Everest, which carried 350,000 tonnes of iron ore, unloaded at China’s Dalian port in late December, ending months of delays in getting the world’s biggest dry bulk ships into China.