Grade differentials in iron ore reflect structural change, Vale says

Brazilian miner Vale views the gap between high- and low-grade iron ore as a “structural change that will continue to impact the market in the coming years,” it said on Tuesday February 27.

The move toward a more efficient steel industry, along with the enforcement of stricter environmental policies in China, should support demand for high-quality ores that enable productivity and lower emissions, such as pellets and the miner’s Carajás iron ore (IOCJ), it said. Underlining the gap between high- and low-grade iron...

Published

Deepali Sharma

February 28, 2018

11:33 GMT

Singapore