Author: Nishtha Mukherjee

Supply deficit of high-grade iron ore in global market may widen to around 70 mnt by 2030 – Vale

Aug 24, 2024

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by

Nishtha Mukherjee

in Fines/Lumps

*DR agglomerates demand to rise to 110 mnt in 2030 *Seaborne demand for Fe62% iron ore, lower grades to decline *New briquette product launched by Vale to drive low-CO2 transition Morning Brief: The global decarbonisation wave sweeping the steel industry is set to radically alter the seaborne iron ore market. Raw material availability and cost…