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The Nexus
BUSINESSAug 5 · 04:11 UTCTHE RIO TIMESDiego Fernández

Vale Proxy Jumps as China Steel Demand Lifts Iron Ore

Vale's New York shares increased to US$14.83, boosting CSN Mineração and Rio Tinto, driven by investor expectations of renewed Chinese construction and infrastructure demand. The rise is linked to elevated iron ore prices due to stronger steel demand in China.

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