Vale expected to ship more iron ore to China in 2020

Brazil’s Vale SA expects iron ore shipments to China to rise in 2020, versus 2019, due to falling demand in other countries hurt by the coronavirus pandemic, according to a phone call between the miner and the China Iron and Steel Association. Production at Vale has not been impacted by the pandemic and it is keeping its full-year output target unchanged, the China steel association said in a statement on its website on Tuesday.       Beijing Steel Body/China steel association