Mercado em alerta, minério de ferro evapora na bolsa: China impacta nas ações da mineradora Vale e siderúrgicas brasileiras

Market on Alert, Iron Ore Evaporates on Exchange: China Impacts Shares of Mining Company Vale and Brazilian Steelmakers

Written by Flavia Marinho

Published on 13/11/2024 at 18:22

China decepciona o mercado, e minério de ferro despenca! Ações da Vale e siderúrgicas caem com baixa na Bolsa de Cingapura e impacto é devastador

Seja o primeiro a reagir!

China Disappoints The Market, And Iron Ore Plummets! Vale Stocks And Steel Companies Drop As Singapore Exchange Declines And Impact Is Devastating

The iron ore market suffers a strong impact following a decline in investor expectations regarding China. Last Friday, the December iron ore contract on the Singapore Exchange fell by 2.16%, reaching US$ 103.25 per ton. This movement directly affected the shares of Brazilian mining and steel companies, including Vale and steel sector companies.

Investors were eagerly awaiting bolder economic measures from China. It was expected that the country’s main legislative body, the Permanent Committee of the National People’s Congress, would approve significant actions to stimulate the economy, especially to address potential trade tensions with the US.

However, the decisions made did not go beyond the release of 10 trillion yuan (approximately US$ 1.4 trillion) to deal with off-balance-sheet debts, which led to disappointment.

ARTICLE CONTINUES BELOW

Vale And Brazilian Steel Companies Were Impacted

This scenario of frustrated expectations led to a wave of selling in the shares of major mining and steel companies in Brazil. Vale (VALE3) retreated by 4.61%, closing at R$ 60.63. Similarly, CSN Mining (CMIN3) fell by 5.49%, ending the day at R$ 5.85, and Usiminas (USIM5) experienced a decline of 6.02%, trading at R$ 6.25.

The only exception was Vale’s competitor, Gerdau (GGBR4), which recorded stability and closed the day at R$ 20.46, standing out in the market.

For many analysts, this drop in Vale’s shares and other Brazilian steel companies reflects the cautious stance of investors, who fear a potential slowdown in iron ore consumption in China. With the uncertain scenario, the most traded future iron ore contract on the Dalian Exchange in China fell by 1.65% and closed the day at 776 yuan (US$ 108.45) per ton. These figures highlight the market’s fragility in the face of Chinese policies.

Iron Ore Market Faces Difficulties

The situation for Vale and other Brazilian steel companies worsens when global uncertainties regarding the potential reelection of Donald Trump in the United States are factored in. Many expected China to respond with stronger policies, considering the threat of new trade barriers.

Lynn Song, chief economist for ING for Greater China, stated that the expectation was for the Chinese government to adopt a more expansive policy if Trump were to regain power.

However, without this robust economic support, the iron ore market faces difficulties. Vale and other Brazilian steel companies, which rely heavily on Chinese demand, must adopt a cautious stance while waiting for clearer definitions of international policies and the direction China intends to take.

0 Comentários

Mais recente

Mais antigos Mais votado

Feedbacks

Visualizar todos comentários

Market on Alert, Iron Ore Evaporates on Exchange: China Impacts Shares of Mining Company Vale and Brazilian Steelmakers

China Disappoints The Market, And Iron Ore Plummets! Vale Stocks And Steel Companies Drop As Singapore Exchange Declines And Impact Is Devastating

Vale And Brazilian Steel Companies Were Impacted

Iron Ore Market Faces Difficulties

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

The primate that science has called peaceful for decades has proven to be as aggressive as the chimpanzee in a study with thousands of hours of footage that debunks one of the greatest myths of primatology.

A view from space, an image made by NASA shows the impressive Richat Structure, a geological formation located in the Sahara Desert, also known as the “Eye of the Sahara.”

In the South Atlantic, three isolated volcanic islands cause the wind to draw perfect spirals visible from space: a rare phenomenon called von Kármán vortex streets forms symmetrical patterns behind the peaks of the South Sandwich Islands and was recorded by the NOAA-20 satellite in 2025.

Solar-powered ice factory in the Amazon that eliminated a 5-hour trip to Manaus, prevents the loss of up to two-thirds of the fish, and now ensures income for more than 30 riverside families.

A new agricultural irrigation technology developed in Brazil uses artificial intelligence to reduce electricity bills and save water.

A parachutist crashed into the giant screen of the stadium and hung from the structure in front of thousands of people while carrying the flag of the United States during an exhibition flight.

With floating cranes and millimeter precision, Japan erected the cable-stayed bridge of Kesennuma over the bay after the 2011 tsunami, lifting steel modules weighing thousands of tons during tidal windows.

A 1953 Fusca that almost no one knows exists can be auctioned for R$ 570,000 in Brazil, and the reason it is worth so much money surprises even experienced collectors.

Social experiment leaves a bottle on the ground and reveals who ignores the trash and who picks it up right away, showing why clean cities live in more peace.

Market on Alert, Iron Ore Evaporates on Exchange: China Impacts Shares of Mining Company Vale and Brazilian Steelmakers

China Disappoints The Market, And Iron Ore Plummets! Vale Stocks And Steel Companies Drop As Singapore Exchange Declines And Impact Is Devastating

Vale And Brazilian Steel Companies Were Impacted

Iron Ore Market Faces Difficulties

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

The primate that science has called peaceful for decades has proven to be as aggressive as the chimpanzee in a study with thousands of hours of footage that debunks one of the greatest myths of primatology.

A view from space, an image made by NASA shows the impressive Richat Structure, a geological formation located in the Sahara Desert, also known as the “Eye of the Sahara.”

In the South Atlantic, three isolated volcanic islands cause the wind to draw perfect spirals visible from space: a rare phenomenon called von Kármán vortex streets forms symmetrical patterns behind the peaks of the South Sandwich Islands and was recorded by the NOAA-20 satellite in 2025.

Solar-powered ice factory in the Amazon that eliminated a 5-hour trip to Manaus, prevents the loss of up to two-thirds of the fish, and now ensures income for more than 30 riverside families.

Amid international war, rising diesel prices, and a lack of workers, pork enters a new scenario in Brazil that could curb consumption, raise prices, and change the dynamics of the sector in the coming months.

The handshake that cost R$ 57 billion and started the delivery war in Brazil.

The dollar has fallen to less than 5 reais, but war and stocks are hindering an immediate drop in food prices.

More than 40 million Brazilians are sinking into credit card debt, and indebtedness now affects 80.4% of Brazilian families.

Labor shortage becomes a new shock in Brazil’s jobs market and salaries soar in the services sector.

A new agricultural irrigation technology developed in Brazil uses artificial intelligence to reduce electricity bills and save water.

A parachutist crashed into the giant screen of the stadium and hung from the structure in front of thousands of people while carrying the flag of the United States during an exhibition flight.

With floating cranes and millimeter precision, Japan erected the cable-stayed bridge of Kesennuma over the bay after the 2011 tsunami, lifting steel modules weighing thousands of tons during tidal windows.

A 1953 Fusca that almost no one knows exists can be auctioned for R$ 570,000 in Brazil, and the reason it is worth so much money surprises even experienced collectors.

Social experiment leaves a bottle on the ground and reveals who ignores the trash and who picks it up right away, showing why clean cities live in more peace.