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(Bloomberg) -- China may be the worldâs biggest buyer of iron ore, but even that powerful position doesnât mean that Beijing can succeed in dictating prices for the steelmaking ingredient, said the head of No. 2 producer Vale SA.
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>>> Read more: Mining Giant Vale Says China Canât Control the Price of Iron Ore
Most Read from Bloomberg
How Suspects Laundered Billions in Singapore for Years Harvard Alumni Rebuke Its Israel Response With Mere $1 Donations Bitcoin Surges Past $42,000 Even as Stocks and Bonds Take a Hit Stocks Mixed on China Concern, Dovish ECB Comment...
>>> Read more: Mining Giant Vale Says China Canât Control the Price of Iron Ore