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07
Dec
2017
Top iron-ore miner threatens to flood market if prices jumpBy:IRON-ORE Vale SA has a somber message for anyone betting on iron-ore prices returning to the heady days of 2011.
The world’s biggest producer of the steel-making ingredient is prepared to unleash as much as 50 -million metric tons of spare capacity to balance the market if prices get too high, CEO Fabio Schvartsman said.
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