Vale sees iron ore prices above $85 despite tariff turmoil
One of the world’s top iron ore producers dismissed analysts’ predictions that prices of the steelmaking material will tumble amid a tariff-fueled economic slowdown.
The Northern China import price of iron ore slumped on Tuesday after top supplier Australia raised concerns about the strength of demand from the country which consumes more than two-thirds of the seaborne trade. According to data supplied by The Steel Index, 62%...
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