Brazil’s Vale executive director José Martins said in a joint interview with Chinese journalists at the company’s headquarters on the 16th that demand for iron ore in China, Europe and Brazil is growing or recovering, coupled with the Indian government. Restricting iron ore exports, global iron ore supply is still tight this year and next.
Martins said that the financial crisis that erupted in 2008 caused the mine's expanded production project to run aground until the second half of 2009. However, it will take time for these projects to go into production, and the capacity of Vale will increase in 2012 or 2013.
When talking about the iron ore pricing mechanism, Martins pointed out that due to the high price fluctuations in the iron ore market, it is impossible to restore the long-term agreement price. The new quarterly pricing mechanism is closer to the market, allowing customers to adjust their purchasing strategies in a timely manner to avoid price volatility, which is beneficial to both miners and steel mills. Over time, the advantages of quarterly pricing will become increasingly apparent.
Martins believes that iron ore is not a pure commodity and does not have the conditions to enter the futures market like oil. First of all, the quality of iron ore produced by different countries is very different, not a standardized product. Secondly, bulk commodities need inventory protection, while iron ore is too large to be inventoried. Third, iron ore is directly traded by mines and steel mills. The role of the middleman is small. For these three reasons, Vale does not support iron ore entering the futures market.
Although China's economic growth rate may slow down in the next few years, Vale is still very optimistic about the Chinese market. Martins said that the performance of the Chinese market in the past five years has not only disappointed us, but exceeded our expectations. In the next five years, China's economy will continue to grow, and Vale will invest 100 billion US dollars to expand production capacity to meet the needs of the Chinese market.
3. Low shear force: It is an ideal tool for conveying shear-sensitive and corrosive fluids.
4. Corrosion resistance: it can transport various fluids, such as organic solvents and corrosive liquids.
5. Idling and dry operation: air or gas-liquid-solid three-phase mixed transportation can also be transported.
6. Possess self-priming ability: self-priming, no need to fill the pump, no need to empty.
7. It has the function of a shut-off valve, does not siphon, has no seals, and has the functions of a shut-off valve and a check valve.
8. Two-way conveying function: reverse pumping and back-suction functions can be realized by changing the direction of the pump runner.
9. Simple maintenance: only need to replace the peristaltic pump hose, no valve and seal replacement.
Martins said that the financial crisis that erupted in 2008 caused the mine's expanded production project to run aground until the second half of 2009. However, it will take time for these projects to go into production, and the capacity of Vale will increase in 2012 or 2013.
When talking about the iron ore pricing mechanism, Martins pointed out that due to the high price fluctuations in the iron ore market, it is impossible to restore the long-term agreement price. The new quarterly pricing mechanism is closer to the market, allowing customers to adjust their purchasing strategies in a timely manner to avoid price volatility, which is beneficial to both miners and steel mills. Over time, the advantages of quarterly pricing will become increasingly apparent.
Martins believes that iron ore is not a pure commodity and does not have the conditions to enter the futures market like oil. First of all, the quality of iron ore produced by different countries is very different, not a standardized product. Secondly, bulk commodities need inventory protection, while iron ore is too large to be inventoried. Third, iron ore is directly traded by mines and steel mills. The role of the middleman is small. For these three reasons, Vale does not support iron ore entering the futures market.
Although China's economic growth rate may slow down in the next few years, Vale is still very optimistic about the Chinese market. Martins said that the performance of the Chinese market in the past five years has not only disappointed us, but exceeded our expectations. In the next five years, China's economy will continue to grow, and Vale will invest 100 billion US dollars to expand production capacity to meet the needs of the Chinese market.
Dosing Pump Characteristic :
1 Clean and pollution-free: fluid only passes through and touches the Peristaltic Pump hose.
2. High precision: constant current, reproducibility of up to 0.5%, and flow can be precisely adjusted.3. Low shear force: It is an ideal tool for conveying shear-sensitive and corrosive fluids.
4. Corrosion resistance: it can transport various fluids, such as organic solvents and corrosive liquids.
5. Idling and dry operation: air or gas-liquid-solid three-phase mixed transportation can also be transported.
6. Possess self-priming ability: self-priming, no need to fill the pump, no need to empty.
7. It has the function of a shut-off valve, does not siphon, has no seals, and has the functions of a shut-off valve and a check valve.
8. Two-way conveying function: reverse pumping and back-suction functions can be realized by changing the direction of the pump runner.
9. Simple maintenance: only need to replace the peristaltic pump hose, no valve and seal replacement.
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