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Amid falling prices, Vale confident of iron ore upside

Andrew Topf | October 28, 2011 | 11:13 pm Europe Latin America Iron Ore 

The recent softening of iron ore prices will likely be short-lived, says the world's largest exporter of the steelmaking ingredient. In releasing its third-quarter results, Brazil-based Vale SA (NYSE:VALE) is forecasting high prices "for a long period ahead" because of...

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