Optimistic About China's Demand Iron Ore Giant Vale Bets Copper And Cobalt Nickel

- Apr 04, 2018-

Optimistic about China's demand Iron ore giant Vale bets copper and cobalt nickel

On the morning of March 23, Fabio Schvartsman, Brazil's Vale CEO, interviewed for more than one hour. In addition to iron ore, the most frequently mentioned word was "nickel."

“The Vale has been relying on the iron ore business for many years. I have always believed that if the company is completely dependent on a certain product, such as iron ore, it is not good because the iron ore market is very volatile and sometimes the price Very high, sometimes the price is low,” Shi Huaze said in response to a question from the interface journalist.