Daily Ferrous Physical Review Dec 3rd

Ferrous Market –    Vale decrease the iron ore 2020 production to 300-305 million tonnes, previously 310-330 million tonnes. The year 2021 expected production at 315-335 million tonnes. The year 2022 iron ore production reached 400 million tonnes. In next few years, Vale expected annual production reaching 450 million tonnes. –    MySteel Rebar Inventory: Rebar production …