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Stock impact report

Iron Ore Rebounds Above $100 on Speculation Demand May Pick Up [Yahoo! Finance]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Yahoo! Finance
(Bloomberg) -- Iron ore rose — with futures pushing back above $100 a ton — on speculation that demand may pick up in China, the largest steelmaker. Most Read from Bloomberg Trumpism Is Emptying Churches RBC Fires CFO Ahn After Probe Into Personal Relationship The Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom Turkey Joins NATO Allies in Suspending Europe Arms Treaty Futures gained more than 4% to trade near $103 a ton in Singapore, rebounding from a second consecutive weekly loss during which they hit the lowest since last May. The climb came as Chinese traders returned after a long weekend. Steel demand from construction and manufacturing “both have potential to improve” following stimulus, China Industrial Futures Co. said in a note. “Mills are also slowly restarting blast furnaces after profits improved.” The steel-making staple remains one of the year's worst performing major com Show less Read more
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