Brazil’s Vale produced record 349 mln tonnes of iron ore in 2016

Brazilian miner Vale SA said on Thursday it produced a record 349 million tonnes of iron ore in 2016, above its own guidance, helped by the successful ramping up of its new S11D mine in the Amazon.

BDI rose to 349 points on Mar.4

Due to the increase in the freight rate of small and panamax carriers,BDI continue to rise 7 points to 349...