IRON ORE DAILY: Seaborne iron ore prices down as supply concerns ease

摘要

The prices for seaborne iron ore went down on Tuesday May 26 with market sources saying that Brazilian miner Vale’s weekly iron ore shipments increased, easing market concerns about supply. Market sources said that iron ore shipments from Vale last week will have eased some of the concerns about supplies from Brazil that would have arisen from the effects of the Covid-19 pandemic on the miner’s operations, after a record daily death toll in the South American country on May 20.