Companhia Vale do Rio Doce (Vale) has announced that it is increasing its price for iron ore shipments by $65 per metric ton for many of the top global steel makers.
In opting to hike the price, Vale noted that the increase is due to the continuation of tight contains on the global iron ore market.
The company has raised the price for ThyssenKrupp, Nisshin Steel, Sumitomo, Kobe Steel, JFE Steel and Nippon steel and Posco.
Latest from Recycling Today
- Waste Pro files brief supporting pause of FMCSA CDL eligibility rule
- Kuraray America receives APR design recognition for EVOH barrier resin
- Tire Industry Project publishes end-of-life tire management guide
- Des Moines project utilizes recycled wind turbine blades
- Charter Next Generation joins US Flexible Film Initiative
- Vecoplan to present modular solutions at IFAT 2026
- Terex Ecotec appoints Bradley Equipment as Texas distributor
- Greenwave raises revenue but loses money in Q2 2025
