Industry Trend Analysis - Vale's Seaborne Competitiveness To Increase - JULY 2015
BMI View: Australia's seaborne iron ore cost advantage over Brazil will decrease due to Vale's cash cost reductions and increasing shipping economies of scale. The latter will be made possible by China's repeal of the ban on Valemax class bulk carriers and the firm's partnership with Chinese national freight carriers.
Vale's Competitiveness To Increase
Australia's cost advantage over Brazil in supplying iron ore to China will diminish in the coming years for the following reasons:
Key Iron Ore Transport Hubs Map - Countries & Ports
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