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Iron ore prices not negotiable: Vale

AS DEMAND for iron ore continues to wane, Brazilian miner Vale said that while output has been cut, the company would not be renegotiating iron ore contract prices.

Kristie Batten
Iron ore prices not negotiable: Vale

On October 31, Vale announced it would cut iron ore production by 30 million tonnes annually through the shutdown of mines and pellet plants in Brazil. Since then, there has been media speculation that...

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