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[Ferro-Alloys.com] It is reported that Brazil’s Vale planned to adjust down debts plans, it confirmed that the company would sell iron ore assets in China, which was about US$50-70 billion, but the progress of the negotiations is still in the stage of commercial confidentiality.
In long-term observations, Chinese iron ore demand will slow gradually, this contributes to expand its market share in China.

(Article from Internet for reference only)

• [Editor:Chen Zhen Seng]