How Important Is China To Vale’s Iron Ore Sales?
China is Vale’s largest market for iron ore, accounting for more than half of the company’s iron ore shipments. This illustrates why weakening demand for steel and iron ore in China has an overwhelmingly negative impact on Vale’s business prospects.
Have more questions about Vale? See the links below.
- Vale’s Full Year 2015 Pre-Earnings Report
- Vale’s Q4 2015 Earnings Report: Decline In Iron Ore Prices Negatively Impacts Results
- What Is China’s Share Of Vale’s Overall Revenue?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Vale