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Vale may seek 20% iron price hike for Asian steelmakers

BRAZILIAN miner Vale, the world’s biggest iron ore producer, wants to jack up iron ore prices for its Asian customers by 20%, according to media reports.

Charlotte Dudley
Vale may seek 20% iron price hike for Asian steelmakers

According to Brazilian news agency Estado and reported by Dow Jones newswires, Vale has sent a letter to Chinese steelmakers seeking a 20% increase in iron ore contracts by year-end. A similar price...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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