Despite Trade War, Iron Ore Demand Increases: The Companies to Watch

Iron Ore

China is still locked in a trade war with the United States, the most recent economic conflict impacting commodity prices; and yet, iron ore appears seamlessly unaffected. In fact, demand for iron ore, the main ingredient in steel, has increased despite the back and forth between US President Donald Trump and China.

With ongoing issues at Vale’s (NYSE:VALE) mines in Brazil adding to the inevitable iron ore deficit, and Chinese steel production running surprisingly strong, many have turned away from commodities like aluminum and copper, shifting their focus toward iron ore.

Iron Ore Demand and ...

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