Saturday, 14 Jan 2012
Bloomberg cited Mr Jose Carlos Martins Vale head of ferrous and strategy as saying that Vale SA estimates at least 10 ships are waiting for its output which is backlogged because of heavy rain in three Brazilian states.
Vale, the world largest producer of iron-ore declared a force majeure on iron-ore shipments because of the rain.
(Sourced from Bloomberg)
Showing posts with label declare force majeure. Show all posts
Showing posts with label declare force majeure. Show all posts
Saturday, January 14, 2012
CSN may declare Force Majeure on iron ore shipments on rains
Saturday, 14 Jan 2012
Dow Jones reported that Brazilian steelmaker and iron ore miner Companhia Siderurgica Nacional SA study the possibility of declaring force majeure on shipments from its iron ore operations in Minas Gerais state, southeast Brazil on heavy rains.
(Sourced from Dow Jones)
Dow Jones reported that Brazilian steelmaker and iron ore miner Companhia Siderurgica Nacional SA study the possibility of declaring force majeure on shipments from its iron ore operations in Minas Gerais state, southeast Brazil on heavy rains.
(Sourced from Dow Jones)
Wednesday, March 16, 2011
Sumitomo Metal Ind says no plan to declare force majeure
Wed Mar 16, 2011 4:08am GMT
TOKYO, March 16 (Reuters) - Sumitomo Metal Industries Ltd Japan's third-biggest steelmaker, said it had no plan to declare force majeure on input deliveries. The company has suspended operations of the two giant blast furnaces at its mainstay Kashima plant in Ibaraki prefecture after the quake and tsunami.
Damage at the Kashima port is not large, although some of the company's unloading cranes collapsed, a shipping company source said.(Reporting by Yuko Inoue; Editing by Joseph Radford,sourced:Reuters)
Tags : damage, Kashima Port, unloading cranes collapsed, shipping
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