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Though demand from Asian steelmakers is on the rise for now, top iron-ore miner Vale (VALE...
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Monday, June 27, 2011, 12:16 PM ETThough demand from Asian steelmakers is on the rise for now, top iron-ore miner Vale (VALE -0.3%) cuts its 2015 production target by 10%, to 469M metric tons. New CEO Murilo Ferreira is backing off forecasts amid worries that Chinese rate hikes will slow demand.
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