Oz Blog News Commentary

Daily iron ore price update (Brucutu uh oh)

March 20, 2019 - 09:00 -- Admin

Iron ore price for March 19, 2019: Spot down. Paper down more. Steel stable. The news is all good for Vale this morning, via Vertical Group: VALE SAYS COURT ALLOWED OPS TO RESUME WITH LARANJEIRAS DAM. This news is effectively 30Mmtpa that just came back on-line, unexpectedly, for Vale. This quite bad for iron ore

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