Vale CEO Says Metals Demand Is Robust Despite Middle East War
Vale SA, the world’s top iron ore producer, sees no evidence of war-related demand destruction in global metals markets and has experienced swelling margins as the Iran conflict disrupted raw-material...
By Mariana Durao, Lisa Abramowicz · Bloomberg Markets
Vale SA, the world’s top iron ore producer, sees no evidence of war-related demand destruction in global metals markets and has experienced swelling margins as the Iran conflict disrupted raw-material flows, said Chief Executive Officer Gustavo Pimenta.