Iron ore proxies rose on Monday, August 10, 2026, led by Vale’s New York shares. China’s latest policy promises steadied a market still rattled by steel margins

Vale's US shares dipped 0.07% as China steel demand worries overshadowed a Brazil rate cut. CSN Mineração tumbled 5.22% on Friday.

Iron ore proxies rose on Monday, August 10, 2026, led by Vale’s New York shares. China’s latest policy promises steadied a market still rattled by steel margins

Vale's US proxy fell 3.83% on Tuesday amid a heavy sell-off on Brazil's Ibovespa, which shed 2.50%. Rio Tinto also declined, but CSN Mineração bucked the trend.

Vale's New York shares fell 4.30% to US$13.80 and CSN Mineração sank 5.18% as China steel demand fears hit iron ore proxies on Thursday, August 13, 2026.