Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI
Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.
Brazilian mining giant Vale SA (NYSE:VALE) confirmed Tuesday its plans to issue euro-denominated overseas bonds, according to a briefing published at PyS Noticias
According to the report, the miner is planning a benchmark-size, euro-denominated bond, maturing January 2023. This will be Vale’s first issue in the currency in more than two years.
