Samarco sees the global pellet market as being “very pressured”, mainly due to geopolitical issues, but its long-term vision is for price recovery
SALVADOR (Reuters) – The mining company Samarco sees the global pellet market as being “very pressured”, mainly due to geopolitical issues, but its long-term vision is to recover prices and increase demand for high-quality products, such as those from the mining company, the company’s president, Rodrigo Vilela, told Reuters.
“Samarco believes in the fundamentals for the use of pellets, especially in the specific case of Samarco, which produces quality pellets, the vast majority of which are used in reactors for direct reduction”, said the executive, backstage at Exposibram.
According to him, Samarco’s product “marries spectacularly” with the energy transition, as direct reduction furnaces allow for fewer emissions.
