Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

August 2016 | Steel Raw Materials


Industry Developments: August 23 2016


A roundup of Industry Developments for August 23 2016

Brazilian court rejects Vale appeal in Samarco dam-related case. A Brazilian court has rejected Vale’s appeal against a decision that prohibits the iron ore miner from transferring its assets in the country. The fifth chamber of Brazil’s federal court of the second region rejected the appeal presented by Vale against the earlier decision of the 12th federal court of Belo Horizonte city in a lawsuit brought by local authorities. “The court maintained the decision that granted some of the injunction requests made by the plaintiffs, which included the determination that the defendants [Samarco and its owners, Vale and BHP Billiton] are prohibited from transferring or conveying any interest in its Brazilian iron ore concessions,” Vale said on Thursday 18th August. 
   Weblink

Cliffs Natural Resources to redeem 2018 senior notes early. US iron ore miner Cliffs Natural Resources will redeem its 2018...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?