Brazilian miner Vale views the gap between high- and low-grade iron ore as a "structural change that will continue to impact the market in the coming years," it said on Tuesday February 27.
The move toward a more efficient steel industry, along with the enforcement of stricter environmental policies in China, should support demand for high-quality ores that enable productivity and lower emissions, such as pellets and the miner's Caraj??s iron ore (IOCJ), it said. Underlining the gap between high- and low-grade iron...