A weaker China economy and battered iron ore prices have helped drive down Vale SA’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking ...
(Bloomberg) -- Iron ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared.
Rio posted total annual iron ore shipments of 328.6 million tons — in line with guidance. The material was one of 2024’s worst performing commodities, slumping 28%. Still, after falling below ...
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