BRIEF-Vale CEO Sees Balanced Global Iron Ore Market In 2025
ReutersFeb 20, 2025 4:42 PM
Feb 20 (Reuters) - Vale SA VALE3.SA:
EXPECTS CHINA MARKET TO REMAIN STRONG, WORLD'S GROWTH IS ACCELERATING, WHICH IS GOOD FOR THE FIRM - CEO
SEES BALANCED GLOBAL IRON ORE MARKET IN 2025 - CEO
VALE SEES LIMITED IMPACTS OF POSSIBLE TARIFFS FROM THE U.S., SINCE IT DOES NOT SELL MUCH IRON ORE TO THE COUNTRY - CEO
VALE COULD BE AFFECTED IF TARIFF WAR LEADS TO LOWER GLOBAL GROWTH, BUT WE’RE NOT THERE YET - CEO
VALE SEES OVERSUPPLY OF NICKEL FROM INDONESIA LOWERING PRICES AND IS CARRYING OUT OPTIMIZATION OF ASSETS TO IMPROVE PROFITABILITY OF NICKEL SALES - CEO
Source text: [ID:]
Further company coverage: VALE3.SA
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