Vale CFO on China, Iron Ore Outlook
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Vale’s CFO Marcelo Bacci says strong demand from China is keeping the iron ore market resilient. The Brazilian iron ore producer reported disappointing first-quarter results. In an interview on Bloomberg's "The Pulse with Francine Lacqua" on May 6, Bacci also warned that the inflationary impact of a prolonged conflict in the Middle East would end up eroding demand. (Source: Bloomberg)
