ADVFN - Advanced Financial Network.
HOME» NYSE » C » VALE Stock Price » VALE Stock News

Companhia Vale Do Rio Doce Share News

 Companhia Vale Do Rio Doce Stock Price
VALE Stock Price
 Companhia Vale Do Rio Doce Stock Chart
VALE Stock Chart
 Companhia Vale Do Rio Doce Stock News
VALE Stock News
 Companhia Vale Do Rio Doce Company Information
VALE Company Information
 Companhia Vale Do Rio Doce Stock Trades
VALE Stock Trades

Rio Tinto Says Chinese Steel Demand To Peak In 2020

By Alex MacDonald LONDON--Chinese steel demand will continue to grow and will peak in 2030 as the world's largest consumer of many commodities starts to adjust to consumer-led economic growth from investment-led growth, the chief economist of mining titan Rio Tinto (RIO) said Wednesday. Rio Tinto, the world's second-largest iron ore producer by output after Brazil's Vale SA (VALE), said it forecasts Chinese steel demand to peak at around 1 billion metric tons of crude steel production in 2030. Rio's views broadly mirror similar forecasts made by BHP Billiton, the third-largest iron ore producer, which expects Chinese steel use to plateau after 2025. "Over time, we expect Chinese consumers to take over as the main driving force of the Chinese economy," Vivek Tulpule said in his outlook for metal and minerals report. "This transition will be a multi-year process [and as such] we still expect China‟s demand for many commodities to continue growing in coming years, before reaching a peak over the next twenty years. Mr Tulpule said that between now and 2030, India and countries in South East Asia are expected to become increasingly important sources of demand for commodities including steel. Write to Alex MacDonald at alex.macdonald@dowjones.com

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
09/21/201609:00:33Report of Foreign Issuer (6-k)
09/16/201609:02:25Report of Foreign Issuer (6-k)
09/06/201615:59:13Report of Foreign Issuer (6-k)
09/06/201606:12:37Report of Foreign Issuer (6-k)
09/02/201614:09:04Report of Foreign Issuer (6-k)
09/01/201608:58:32Report of Foreign Issuer (6-k)
09/01/201608:48:36Report of Foreign Issuer (6-k)
08/31/201609:00:41Report of Foreign Issuer (6-k)
08/31/201606:06:38Report of Foreign Issuer (6-k)
08/30/201613:10:00BHP Billiton Withholds Bonus of CEO Andrew Mackenzie
08/29/201621:10:00Companies' Report on Brazil Dam Failure Adds Little New on Causes
08/29/201606:07:16Report of Foreign Issuer (6-k)
08/18/201609:40:36Report of Foreign Issuer (6-k)
08/16/201604:10:00BHP Billiton Reports Worst-Ever Annual Loss
08/15/201606:05:50Report of Foreign Issuer (6-k)
08/12/201616:26:49Report of Foreign Issuer (6-k)
08/12/201606:09:13Report of Foreign Issuer (6-k)
08/10/201614:33:50Securities Registration (section 12(b)) (8-a12b)
08/10/201614:23:48Report of Foreign Issuer (6-k)
08/05/201606:10:33Report of Foreign Issuer (6-k)

Companhia Vale Do Rio Doce and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad