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Anglo's Minas Rio iron ore outage weakens capesize market

Anglo American's decision to halt its iron ore operations at Minas Rio in Brazil for 90 days to complete inspections following pipeline leaks is said to weaken the capesize spot market as another terminal in Brazil is closed for planned maintenance.

10 Apr 2018
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Nidaa Bakhsh @LloydsListNidaa nidaa.bakhsh@informa.com

Halt at iron ore operation in Brazil for pipeline checks leaves some vessels sitting off South Africa, say sources

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Anglo's Minas Rio iron ore outage weakens capesize market

Anglo American's decision to halt its iron ore operations at Minas Rio in Brazil for 90 days to complete inspections following pipeline leaks is said to weaken the capesize spot market as another terminal in Brazil is closed for planned maintenance.

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