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Steelmakers face supply disruption after miner halts production

Posted On: Apr. 16, 2019 5:35 AM CST

Protest of Brazil mining firm Vale

Brazilian steelmakers are facing iron ore supply-related disruptions after miner Vale S.A. halted production at 10 sites in the state of Minas Gerais following a dam burst, Reuters reported citing sources. Marco Polo Lopes, president of industry association Instituto Aco Brasil, said that long-term disruption could force steelmakers to halt production. The tailings dam at Vale's Corrego do Feijao iron ore mine burst on Jan. 25, killing 228 people.

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