Iron Ore Rockets as Vale’s Supply Disruption Convulses Market

Capt. John

By Krystal Chia (Bloomberg) — The global iron ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined plans to cut output after a deadly dam breach, buoying shares of rivals as investors weighed the impact of the disruption. Prices soared, with futures...

http://feedproxy.google.com/~r/Gcaptain/~3/VfiChwygrk8/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon