Vale will report on Thrusday all-time high output of 88.3 million metric tons for the fourth quarter, up from 88.2 million in the third quarter and 83 million a year earlier, according to the average forecast of seven analysts surveyed by Bloomberg News.
Vale will join rivals Rio Tinto Group and BHP Billiton Ltd. in boosting production at a time steel making and demand in China contracts after years of growth.
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