The following article from investment bank Liberum supports your view:
Me, I'll wait a coupla days to see how Vale’s plans to halt production at 10 of its operations works out, particularly for the global pellet market.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
