---
title: "Vale SA: It is expected that China's steel industry will gradually move towards balance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229054047.md"
description: "Vale SA expects the Chinese steel industry to achieve rational development through integration and supply-side reforms. The company's CEO Gustavo Pimenta stated that due to the implementation of strategies in the fourth quarter, iron ore sales are expected to increase in the first quarter, with a strategic focus on a flexible iron ore mix to maximize value"
datetime: "2025-02-20T15:58:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229054047.md)
  - [en](https://longbridge.com/en/news/229054047.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229054047.md)
generator: "portal-rs"
---

# Vale SA: It is expected that China's steel industry will gradually move towards balance

Vale SA's Executive Vice President of Commercial and Development, Rogerio Nogueira, stated during Thursday's earnings call that the Chinese steel industry will achieve rational development through integration and/or supply-side reforms. Vale SA's CEO, Gustavo Pimenta, mentioned in the call that iron ore sales are expected to increase in the first quarter due to the implementation of strategies in the fourth quarter. Vale SA's strategic focus is on having a flexible iron ore portfolio to maximize value

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**