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.
Ore with 62% iron content delivered to the Chinese port of Tianjin was little changed at $139.90 per metric ton this week according to data from Steel Index, indicating that for 2012 the price of the commodity has been static....
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