Vale expects iron ore price above $65 per tonne in 2018

Vale expects the average iron ore sales price in the global market in 2018 to stay above $65 per tonne amid a scenario of balanced supply and demand.

This would compare with an estimated average iron ore sales price of around $70 per tonne this year.

Metal Bulletin’s 62% Fe Iron Ore Index has averaged...

Published

Ana Paula Camargo

October 26, 2017

18:18 GMT

São Paulo