Vale

Published : September 03rd, 2015

Zacks Industry Outlook Highlights: Rio Tinto, BHP Billiton, Vale, Fortescue Metals ...

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Zacks Industry Outlook Highlights: Rio Tinto, BHP Billiton, Vale, Fortescue Metals Group and Alcoa

For Immediate Release

 

Chicago, IL – September 03, 2015 – Today, Zacks Equity Research discusses the Industrial Metals, part 3, including Rio Tinto plc (RIO), BHP Billiton Limited (BHP), Vale S.A (VALE), Fortescue Metals Group Limited (FMG.AX) and Alcoa (AA).                                                  

Industry: Industrial Metals, part 3


Link: https://www.zacks.com/commentary/55308/reasons-why-industrial-metals-are-slouching


For the industrial metals industry, demand will remain strong in the years to come given their varied uses. While industrial metals would gain from healthy momentum in Automotive and recovery in the Construction space, the industry remains saddled by a number of headwinds. Below, we have discussed some of the key reasons and what investors in the industrial metals sector can look forward to in the coming months as well as over the long term:


The Perennial Problem of the Industry – Oversupply


Iron: The threat of oversupply continues to plague the industry as major iron ore producers, Rio Tinto plc (RIO), BHP Billiton Limited (BHP), Vale S.A (VALE) and Fortescue Metals Group Limited (FMG.AX), have ramped up production. They intend to continue exploring for iron ore in Australia despite lower growth forecasts from China and weaker iron ore prices, betting on continued strength in iron ore demand over the long term. Hence, Australia, the world's top exporter of iron ore, will rev up its shipments.


The surging output are already overwhelming Chinese demand growth, leading to a supply glut. Iron exports from Brazil, the second largest exporter, have risen as a result of Vale increasing its production. Vale, which alone contributes almost 85% of Brazil’s iron ore, will continue to increase its iron output.


In case this excess supply is not matched by adequate demand, it will expose the market to a risk of further price declines. Excess supply over demand, economic downturn in China and severe rivalry between mining giants will keep iron ore prices subdued. Weakening market prices of iron ore continue to hurt miners’ aggregate revenues and margins.


Aluminum: Alcoa (AA) now expects global aluminum markets to be in a surplus of 760,000 tons, 4,000 tons higher than previously estimated, and surplus of 2.2 million metric tons in China.


Copper: The International Copper Study Group has projected that the copper market, after five straight years of deficits, should swing into a 2015 production surplus of roughly 390,000 tons. This is less than a month of current daily demand. According to ICSG projections for 2016, the copper market may show a second consecutive production surplus relative to demand. However, this is expected to be lower at 230,000 tons as demand growth outpaces production growth.


Despite seeing an oversupplied market for copper in the next few years, Rio Tinto and BHP (separately and in joint ventures) plan to mine millions of additional tons of copper. They are amassing vast copper holdings to capture a greater chunk of the $140 billion global market in a bid to eventually squeeze out high cost producers just as they did in the global iron ore business.


Slowdown in China


Demand in China that alone accounts for a major portion of the industrial metal demand has slowed down due to the country's tepid property market and weaker infrastructure investment growth. China’s economic growth has cast a shadow on investors' view of commodities demand and, as a result, brought down demand for metals, leading to price weakness.


China’s GDP in the first quarter grew at the slowest pace since 2009 and its manufacturing activity also slowed down. China's economic growth for the second quarter rose 7% year over year. Analysts have slashed their forecasts for China's growth over the next three years amid broadening pessimism over the health of the world's second largest economy. The gloomy outlook is the latest setback for China which has had a tumultuous few weeks.


The move by the country's central bank to devalue the yuan startled investors and roiled equity markets all over the world. Seeing a feeble impact from efforts to prop up jittery stock markets, Chinese authorities are now reportedly scaling back their market intervention plans.


The earliest economic indicator available for August -- the preliminary Caixin manufacturing purchasing managers' index (PMI) -- suggests persistent sluggishness in the country's vast factory sector. The index fell to a near six-and-a-half-year low of 47.1 in August, below Reuters’ forecast of 47.7 and down from 47.8 in the previous month.


Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today. Find out What is happening in the stock market today on zacks.com.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
RIO TINTO-ADR (RIO): Free Stock Analysis Report
 
BHP BILLITN LTD (BHP): Free Stock Analysis Report
 
VALE SA (VALE): Free Stock Analysis Report
 
ALCOA INC (AA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Australia | Brazil | China | All
Gold and Silver Prices for these countries : Australia | Brazil | China | All

Vale

EXPLORATION STAGE
CODE : VALE3.SA
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Vale is a producing company based in Brazil.

Its main exploration property is GALIURO in USA.

Vale is listed in Brazil and in France. Its market capitalisation is BRL 301.8 billions as of today (US$ 150.8 billions, € 135.6 billions).

Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80.

Vale has 5 244 319 744 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Vale
6/20/2016informs about debt amortization
Financials of Vale
4/1/2016files Form 20-F report for the fiscal year ended 2015
2/16/2011=?UTF-8?Q?News from Hydro: Fourth quarter 2010 affected by l...
Project news of Vale
7/21/2016Production Report in 2Q16
1/22/2016Moody's puts miner Vale on review for possible downgrade to ...
1/22/2016Moody's puts Brazil miner Vale under review for downgrade
9/2/2015Brazil's Vale says permitted to restart Onca Puma nickel min...
8/14/2015Vale halts Amazon nickel mine output after court order
8/14/2015Brazilian court orders Vale to halt Amazon nickel mine opera...
7/3/2015China to lift ban on entry of miner Vale's mega-ships
4/30/2014Vale says iron ore mining costs to fall with new mine
4/30/2014Brazil miner Vale reports Q1 net profit of $2.52 bln
6/14/2013Marathon - Marathon's Continued Prospecting Delivers: Report...
8/1/2012Marathon - Marathon Gold Reports Positive Results in Near Su...
1/12/2012Marathon - Marathon Gold Commences 40,000 m Drilling Program...
Corporate news of Vale
7/28/2016informs the completion of the delisting of HDRs on the HKEx
7/20/2016launches Vale Investors & Media App
5/10/2016informs the end of MRN negotiations with Hydro
5/5/2016clarifies Public Civil Action
1/25/2016Vale wins order reopening iron port for at least 60 days
1/25/2016Vale confirms court order allowing it to reopen Port of Tuba...
1/25/2016Vale wins order reopening iron port; has 60 days to fix prob...
1/25/2016BHP, Vale to be financial guarantors of any Samarco accord -...
1/25/2016The Supply Side Doesn’t Have Good News for Iron Ore Prices i...
1/25/2016Why Vale S.A. (VALE) Could Be Positioned for a Slump
1/22/2016Vale says 200,000 tns/day of iron ore halted at Tubarão port
1/22/2016Global Iron Trade Faces Disruption as Port Shut; Prices Jump
1/21/2016Samarco, Brazil gov't move closer on $4.8 bln dam-disaster a...
1/21/2016Will the Iron Ore Carnage Continue in 2016?
1/14/2016The Zacks Analyst Blog Highlights: Compañia de Minas Buenave...
1/6/2016The 52-Week Low Club for Wednesday
12/29/2015VALE at Risk from Headwinds, Retains Few Scopes for Growth
12/24/2015Zacks Industry Outlook Highlights: BHP Billiton, Rio Tinto, ...
12/23/2015Industrial Metals Stock Outlook - Jan 2016
12/21/2015Why Are These Five Stocks Losing Ground Today?
12/21/2015Brazil Vale says operations normal despite court asset freez...
12/19/2015Why Fertilizers Are a Strategic Fit for Vale’s Portfolio
12/17/2015African Development Bank approves loan for Vale Nacala rail ...
12/14/2015Is Vale Looking at Another Challenging Year in 2016?
12/13/2015Top 5 Cheap Miners Poised to Explode
12/4/2015Why Are These Stocks Falling Today?
12/2/2015The 52-Week Low Club for Wednesday
12/2/2015Hedge Funds Are Crazy About Vale SA (ADR) (VALE)
11/30/2015The 52-Week Low Club for Monday
11/30/2015BHP Billiton, Vale Shares Are Crashing Following Lawsuit Ove...
11/29/2015Brazil to sue BHP, Vale for $5 bln in damages for dam burst
11/28/2015Is SBA Communications Corporation (SBAC) Going to Burn These...
11/27/2015The 52-Week Low Club for Friday
11/25/2015The 52-Week Low Club for Wednesday
11/23/2015The 52-Week Low Club for Monday
11/20/2015Iron Ore Companies’ Production Continues Unabated Growth
10/23/2015Vale Posts Wider-than-Expected Loss in Q3, Lags Revenues
10/22/2015Vale posts $2 bln loss on weak Brazil currency, low iron ore...
10/22/2015Vale expects to negotiate ocean freight rates, cut costs in ...
10/22/2015Brazil's Vale posts $2 bln loss in 3rd-qtr
10/21/20154 Analyst Stock Picks With 50% to 100% Upside Potential
10/20/2015Will Vale S.A. Beat Q3 Earnings on High Industrial Demand?
10/19/2015Cliffs Natural Resources Has Underperformed Iron Ore Peers S...
10/12/2015Production Growth from Major Iron Ore Miners Continues Unaba...
10/12/2015Can the Rally in Vale (VALE) Shares Continue?
10/9/2015Canada environmental officers raid Vale offices in Ontario
10/9/2015Canadian environment authorities raid Vale offices in Ontari...
10/8/2015Why Iron Ore Companies Are Still Going Ahead with Expansions
9/29/2015Mining Giant Vale SA to Slash Dividend
9/14/2015Can Vale Counter Multiple Headwinds with Growth Strategies?
9/14/2015Petrobras chairman asked for leave to focus on running Vale ...
9/8/2015Is Everything Going According to Plan for BHP Billiton?
9/3/2015Zacks Industry Outlook Highlights: Rio Tinto, BHP Billiton, ...
9/1/2015Zacks Industry Outlook Highlights: BHP Billiton, Vale, Rio T...
8/28/20155 Ultra-High Dividend Stocks Hedge Funds Are Betting On
8/15/2015Assessing Vale’s Position after Its 2Q15 Results
8/13/2015Vale declares emergency at Copper Cliff smelter -CBC
8/12/2015The 6 Most Shorted NYSE Stocks: Short Sellers Flee AT&T
8/11/2015Why Vale’s Financial Condition Is Deteriorating
8/11/2015Vale’s Asset Sales Are Progressing as Planned
8/11/2015Why Outlook on Vale’s Coal Business Is Still Negative
8/11/2015What Led to Vale’s Increased Realized Iron Ore Prices in 2Q1...
8/11/2015Vale’s 2Q15 Profitability Gets Boost from Iron Ore Cost Cont...
8/10/2015Vale’s Base Metals Profitability Impacted by Lower Prices in...
8/6/2015Why Did Vale Report a Beat on Market Expectations in 2Q15?
8/6/2015Vale Reports a Beat in 2Q15 Results, but Stock Falls
8/5/2015Brazil's Vale plans debt sale to expand Carajas railway
8/3/2015Brazil's Bradespar renews buyback plan for another year
8/1/2015China Lifts Ban on Valemax Vessels: Will Dry Bulkers Be Affe...
7/31/2015Vale Beats Q2 Earnings, Lags Revenues; Outlook Positive - An...
7/30/2015Vale says Mozambique coal stacker collapse won't affect 2016...
7/30/2015Vale says start of Posco, Dongkuk Brazil steel mill delayed ...
7/30/2015Vale beats forecasts with Q2 profit of $1.7 bln
7/29/2015VALE at Risk from Market Headwinds; Few Options Exist - Anal...
7/29/2015Brazil's Vale resumes Amazon rail expansion after suspension
7/29/2015Should You Buy Vale (VALE) Ahead of Earnings? - Tale of the ...
7/26/2015Brazil’s Iron Ore Exports Remain Strong in June
7/24/2015It’s Hard to Be Positive on Long-Term Iron Ore Price Fundame...
7/3/2015Which Iron Ore Companies Benefit from this Price Environment...
7/2/2015Thursday's Top 10 Volume Stocks
5/12/2015The 5 Most Shorted NYSE Stocks in April
4/22/2015EMERGING MARKETS-Vale drives Bovespa higher, Petrobras drops...
4/22/2015Vale defies price rout to hit new iron production record
4/15/2015Vale S.A. Downgraded to Sell on Macro-Level Headwinds - Anal...
4/3/2015Vale’s Gold Stream Agreement with Silver Wheaton Seems Posit...
4/3/2015Is Base Metals IPO a Near-Term Possibility for Vale?
4/3/2015Vale on Track to Achieve 450 Million Tons of Iron Ore
3/31/2015The 52-Week Low Club for Tuesday
3/31/2015A Look at Vale’s Fertilizer Nutrients Performance in 2014
3/30/2015The 52-Week Low Club for Monday
2/25/2015Webcast Alert: Vale Announces Fourth Quarter 2014 Results We...
2/20/2015Webcast Alert: Vale Announces Fourth Quarter 2014 Results We...
10/27/2014Webcast Alert: Vale Announces Third Quarter 2014 Results Web...
4/30/2014Brazil's Vale profit falls on lower iron ore prices
2/13/2014ntine car insurance offer!!!
12/11/2013Marathon - Marathon Completes Financing with Rambler and Ann...
9/17/2013Marathon - Marathon Gold Announces Filing of Valentine Lake ...
4/22/2013Marathon - Marathon Announces 2.72 g/t Au over 19.0 meters (...
4/3/2013Marathon - Marathon Hits 4.14 g/t Au over 11.0 meters (TT) i...
4/3/2013AIR RATE FM CHINA TO VALENCIA,ES
2/13/2013Treat your loved one with Domino's Pizza this Valentine
1/29/2013Marathon - Marathon Step-Out Hits 9.57 g/t (cut) Au over 6.3...
1/15/2013Marathon - Marathon Gold Drills for New Potential at Valenti...
1/8/2013Best Valentine Gift 10% Off
11/5/2012Marathon - Marathon Gold Files 43-101 Technical Report with ...
10/31/2012Marathon - Marathon Gold Expands Area of New Tourmaline-rich...
10/24/2012Marathon - Marathon Gold Discovers New High-Grade Gold and S...
10/10/2012Marathon - Marathon Gold Hits Near Surface High-Grade Minera...
9/13/2012Marathon - Marathon Gold Discovers New High-Grade Gold Quart...
9/5/2012Silver Bull Announces Analyst Coverage Initiated By Roth Cap...
8/27/2012Marathon - Marathon Gold Extends High-Grade Gold Intercepts ...
7/10/2012Marathon - Marathon Gold Hits 6.53 g/t Au over 15.3 meters a...
6/5/2012Marathon - Marathon Gold Hits 3.81 g/t Au over 21.6 meters i...
5/14/2012Marathon - Marathon Gold Intersects Further High-Grade Gold ...
4/10/2012Marathon - Marathon Gold Hits Significant New High-Grade Gol...
4/3/2012Marathon - Marathon Gold Hits High-Grade Intercepts in Step-...
3/29/2012Marathon - Marathon Gold Reports Updated NI 43-101 Resource ...
3/2/2012Marathon - Marathon Gold Hits New High-Grade Mineralization ...
9/8/2011Marathon - Marathon's Potential Open Pit Resource Continues ...
8/30/2011Marathon - Marathon Advances Resource Development with In-fi...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
SAO PAOLO (VALE3.SA)PARIS (VALE3.PA)
57.54-1.17%10.30-5.50%
SAO PAOLO
BRL 57.54
09/18 18:07 -0.680
-1.17%
Prev close Open
58.22 57.59
Low High
57.45 58.17
Year l/h YTD var.
56.00 -  77.05 -25.32%
52 week l/h 52 week var.
56.00 -  77.90 -16.43%
Volume 1 month var.
14,364,600 0.983%
24hGold TrendPower© : 25
Produces
Develops
Explores for Copper - Gold - Molybdenum
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-25.47%78.1855.53
2023-13.14%92.9961.00
202212.51%99.65103.87
2021-9.66%99.80101.98
202059.61%88.5832.45
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.08+0.50%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.91-2.73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59-3.26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.06+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 12.67+0.88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+6.25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.77-2.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.37-0.22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.