Vale S.A (VALE) will likely deliver better results in the second half of 2018 aided by growing volumes at S11D mines and lower costs.

On Oct 5, we issued an updated research report on Vale S.A. VALE. Rise in global steel production, demand for higher iron ore grade and increased liquidity is likely to strengthen the company’s competency

ASIA Dalian iron ore hits nearly 3-week high on restocking outlook

BEIJING: Chinese iron ore futures jumped about 3 percent on Tuesday to their highest since mid-September, supported by market expectation of higher replenish demand at steel mills.

Chinese iron ore futures are ripping higher

Iron ore spot markets began to move on Monday as Chinese markets reopened following a week-long holiday.

Mid and higher iron ore grades slightly rose while lower grades fell heavily.