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.
Pessimism about steel demand in China weighed on iron ore prices on Thursday, even as traders watched a powerful cyclone that could disrupt shipments from top supplier Australia. China's unconfirmed plan to limit annual crude steel output, as it seeks...
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