Vale has cut its output guidance for iron ore in 2020 by as much 3.2% and expects growth of 11.7% year over year in 2021. Panjiva’s data shows Vale’s Brazilian iron ore exports stabilized at 77.0 million tons in the three months to Oct. 31. While there was a 110.6% year over year rise in October that included the comparison to interruptions at the Alegria mine a year earlier. China continues to dominate Vale’s exports, reaching 76.9% of Vale’s shipments in the three months to Oct. 31 from 66.2% in the prior 12 months. Worsening trade relations between China and Australia have yet to reac...