Key Facts
Vale shares rose 0.20% to US$15.12 in New York trading on Tuesday, while Rio Tinto eased 0.62% to US$101.86 and CSN Mineração jumped 2.70% to R$6.08 in São Paulo.
The 62% iron ore benchmark for delivery into China settled at US$95.84 per tonne, up a modest 0.17% on the day.
China’s Dalian iron ore contract closed at 727 yuan per tonne, up 0.76%, with port-side spot prices firming 3–5 yuan as mills replenished inventories.
Vale lifted its 2026 C1 cash cost guidance to US$22.50–US$23.50 per ton from US$20–US$21.50, and raised all-in costs to US$58–US$62 per ton.
