Iron ore price, page-42385

Cheers most welcome @Gordy56 glad I am adding some value !

@goldtrick Mike - I think they will seriously struggle to hit 300mt. The BS they peddled out on the investor day was to pump up Vale Share price. But the lowering of the target and the change in mantra is really softening the market up for its much lower figures.

In the previous two years sans Covid & everything else including the flaming ship loaded fire at Ponta da Maderia Jan 20 loading the gigantic Valemax ships, Vale has struggled to hit more than 300mt.

I'm sticking with my prediction that they won't do anywhere near the 315mt and most likely will land in the 290's.
Maybe they might scrap into 300mt at absolute best.

my 2 cents....