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Vale CEO Says Metals Demand Is Robust Despite Iran Conflict

Vale SA, the world’s top iron ore producer, sees no evidence of war-related demand destruction in global metals markets and has experienced swelling margins as the Iran conflict disrupts raw-material flows, said Chief Executive Officer Gustavo Pimenta.

Vale CEO Says Metals Demand Is Robust Despite Iran Conflict

Vale SA, the world’s top iron ore producer, sees no evidence of war-related demand destruction in global metals markets and has experienced swelling margins as the Iran conflict disrupts raw-material flows, said Chief Executive Officer Gustavo Pimenta.

Geopolitics Bloomberg Jun 8, 2026

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