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Brazil’s Usiminas scales back iron ore mining plans

Hellenic Shipping News Worldwide | May 22, 2012 | 11:01 pm Latin America Iron Ore 

Brazilian steelmaker Usiminas has cut back on plans to expand its iron ore production, reducing its targeted output by 2015 to 25 million tonnes from 29 million tonnes, the company’s vice-president said. “The project is just being revised because a new…

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