HomeNon-ferrous MetalsOres & alloys Vale expects iron ore price to remain strong for longer amid mine depletion Brazil-based miner Vale expected fundamentals for the current positive commodity cycle to remain for longer, especially considering the iron ore mine depletion estimated for this decade, the company said on Tuesday May 17. Almost 30% of total seaborne volumes, or 473 million tonnes, were projected to leave the market in the 2021-30 period – most of it from Australia, Vale added in a... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Renato Rostás May 17, 2022 18:30 GMT São Paulo Keywords Vale Brazil iron ore iron ore fines iron ore 62% Fe index Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
