Iron Ore Production To Be Hit As Vale Looks for Corona Contingency Plans

Capt. John

According to an article published in the Share Cafe, the most potential question raised after Vale, raised the possibility of curbing or suspending iron ore shipments because of the growing threat of the COVID-19 virus, is how others like BHP, Rio Tinto and Fortescue Metals will do now?

Global Iron Ore Price Boost?

Certainly Vale’s surprise warning could very well boost global iron ore prices starting today. Iron ore was the only major globally traded commodity whose price rose in last week’s...

https://mfame.guru/iron-ore-production-to-be-hit-as-vale-looks-for-corona-contingency-plans/

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