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 rally in the price of iron ore gained momentum on Tuesday with the steelmaking raw material scaling the $60 mark for the first time in more than a month. Northern China benchmark prices jumped 3.2% to $61.80 per dry...
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