Key Facts
Iron ore-linked majors were mixed with Vale edging lower while a Brazilian peer and a key Australian rival moved in opposite directions in the latest settled session
Vale’s New York-traded line eased with the iron ore proxy closing at 14.79 $ after a 0.27% day-on-day slip in the Friday, July 24 session
Brazil’s CSN Mineracao bucked the drift ending at 1.08 $ with a 1.89% day-on-day gain that hints at selective buying in second-tier iron ore exposure
Australia’s Rio Tinto nudged down finishing the same session at 91.22 $ after a 0.32% day-on-day decline, echoing caution around seaborne iron ore demand
