Brazil 's Vale becomes the country's biggest exporter
Brazilian iron ore giant Vale has become the country's biggest exporter for the first time, overtaking stateowned oil company Petrobras, Steel Business Briefing learns from the Brazilian ministry of development, industry and foreign trade.
Vale, the world's largest producer of iron ore, reported its first quarterly loss in a decade as the Brazilian company became the latest miner to write down assets in the face of lower commodity prices.