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(Bloomberg) -- World No. 2 iron ore supplier Vale SA delivered a bigger-than-expected increase in production last quarter in a result that may undermine prices of the key steelmaking ingredient.
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>>> Read more: Vale Beats Iron Output Estimates in Hurdle for Price Rally
Most Read from Bloomberg
Traders Line Up for âOnce-in-a-Generationâ Emerging Markets Bet Blackstone Is Building a $25 Billion Empire of Power-Hungry Data Centers Trump Cash Stockpile at Risk From $450 Million Dual Verdicts Musk Says First Human Patient Has Received Brain Implant Amazon Drops ...
>>> Read more: Vale Beats Iron Output Estimates in Hurdle for Price Rally