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Vale predicts a slight decrease in the price of iron ore in 2018

Vale прогнозирует небольшое снижение цены железной руды в 2018 году

Vale predicts a slight decrease in the price of iron ore in 2018
The chief executive of Brazilian mining company Vale said he does not expect iron ore prices next year to be much lower than in 2017. We remind you that the company occupies a leading position in the world in the extraction of iron ore.

Speaking at an investor event in New York, Fabio Schwartzman also said the company will do everything possible to resume operations as soon as possible at the Samarco mine, a joint venture with BHP Billiton that has been closed since a dam collapsed in 2015, killing 19 people.