Vale expects iron ore price above $65 per tonne in 2018

摘要

Vale expects the average iron ore sales price in the global market in2018 to stay above $65 per tonne amid a scenario of balanced supplyand demand.This would compare with an estimated average iron ore sales priceof around $70 per tonne this year.Metal Bulletin’s 62% Fe Iron Ore Index has averaged $72.35 pertonne cfr Qingdao so far this year.