Commodities

Vale Eyes Markets Beyond China Amid Iron Price Power Battle

An excavator moves iron ore at a Vale mine in Parauapebas, Para state, Brazil, in 2023. — An excavator moves iron ore at a Vale mine in Parauapebas, Para state, Brazil, in 2023.
Photographer: Dado Galdieri/Bloomberg

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By Mariana Durao

November 10, 2025 at 1:00 PM UTC

Updated on

November 11, 2025 at 3:01 AM UTC

Vale SA is turning to new markets to diversify iron ore sales as the industry’s top customer China steps up efforts to influence prices of the steelmaking staple.

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