US-China tensions stall Bunge’s $8.2 billion Viterra deal
China has yet to approve the deal, with Bunge executives and advisers growing increasingly concerned the political rift will continue to hold up the process.
Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets. Despite the covid-19 pandemic, Chinese demand and Brazilian supply constraints have propelled iron ore prices to decade-highs...
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