Vale on track to lift iron ore output to 450 mln T - executive

miércoles 7 de mayo de 2014 00:23 GYT

SINGAPORE May 7 (Reuters) - Vale, the world's top iron ore miner, is on course to increase annual iron ore output to 450 million tonnes after 2018 from 306 million tonnes last year, Claudio Alves, global director for marketing and sales, said on Wednesday.

"Growth in steel demand has a long way to go before peaking out," Alves told an industry conference. (Reporting by Manolo Serapio Jr.; Editing by Muralikumar Anantharaman)