Iron prices started off strong at the beginning of 2024, but have since dropped steeply to two year lows. Iron is one of the world’s most important industrial metals, and is primarily used in the ...
The past week or so has seen quite a yo-yo ride for global iron ore prices. Ore futures, including the most active September contract on China's Dalian Commodity Exchange, dropped by about 2% on May 8 ...
Vale trades at a deep discount versus peers despite solid fundamentals and global exposure. The company's heavy iron ore dependence is a risk, but operations and diversification efforts are improving.