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Montevideo, November 22nd 2024 - 05:29 UTC

Tag: IBRAM

  • Monday, September 14th 2020 - 11:30 UTC

    Brazil confident it can meet China's growing appetite for iron ore

    “We are seeing a recovery scenario that is already quite favorable for the Brazilian market,” Secretary of Geology, Mining and Mineral Transformation, Alexandre Vidigal said

    Brazilian officials say there is no room for fear when it comes to the country’s capacity to keep up with Chinese demand for iron ore. Iron ore prices hit six-and-a-half year highs last week as the Chinese construction and manufacturing sector experiences levels of activity last seen almost a decade ago.