Bloomberg News

Vale Operates at Capacity Limits, Can’t Redirect Shipments

January 12, 2012

Jan. 12 (Bloomberg) -- Vale SA, the world’s largest producer of iron-ore, is operating at capacity limits and is unable to redirect shipments backlogged by heavy rain in Brazil, Jose Carlos Martins, the company’s head of ferrous and strategy, told reporters today on a conference call.

To contact the reporter on this story: Rodrigo Orihuela in Rio de Janeiro at rorihuela@bloomberg.net

To contact the editor responsible for this story: Robin Saponar at rsaponar@bloomberg.net


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