Vale Says China, Iron-Ore Suppliers Are Mutually Dependent
China can’t afford to abandon key iron-ore suppliers because the world’s largest buyer of the raw material is dependent on foreign deliveries of the steelmaking ingredient, according to a top...
By Mariana Durao · Bloomberg Markets
China can’t afford to abandon key iron-ore suppliers because the world’s largest buyer of the raw material is dependent on foreign deliveries of the steelmaking ingredient, according to a top Vale SA executive.