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Vale port shut down likely to affect iron ore market, prices jump

Cecilia Jamasmie | January 22, 2016 | 6:30 am Top Companies Australia Europe Latin America Iron Ore 

[caption id="attachment_843315" align="aligncenter" width="900"] The Port of Tubarão in Espírito Santo. (Image courtesy of Vale SA)[/caption] Analysts expect some important disruptions to the iron ore market after Brazil’s Vale (NYSE:VALE), the world’s largest producer, was ordered by a local court Thursday...

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