What Is Vale’s Share Of The Seaborne Iron Ore Market?
Brazil’s Vale is the world’s largest producer of iron ore in the world. As per our estimates, the company’s iron ore shipments account for around 22% of the global seaborne iron ore supply. Thus, fluctuations in the company’s iron ore production significantly influence the supply side of the global seaborne iron ore market.
**Proportion of seaborne iron ore shipments assumed to be same as that of ferrous minerals sales since iron ore sales account for around 95% of Vale’s ferrous mineral sales.
***Source: Iron ore price: Only question now is how rapid the fall, Mining.com
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
- How Important Is China To Vale’s Iron Ore Sales?
- What Is China’s Share Of Vale’s Overall Revenue?
- What Is Vale’s Revenue & EBITDA Breakdown?
- What Is Vale’s Fundamental Value Based On 2015 Results?
- By What Percentage Has Vale’s Revenue & EBITDA Declined Over The Last 5 Years?
- By What Percentage Can Vale’s Revenue & EBITDA Increase Over The Next 3 Years?
- How Has Vale’s Revenue Composition Changed Over The Last 5 Years?
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