Iron Ore Giant Vale Sees Bright Prospects for Chinese Real Estate Indu

Published: Sep 6, 2023 14:08

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Iron Ore Giant Vale Sees Bright Prospects for Chinese Real Estate Industry Despite Uncertainty. The world's second largest iron ore producer, Vale, has stated that despite the uncertainty, the outlook for China's steel-intensive real estate industry is "more encouraging" and reaffirmed its long-term view of the global steel market. Vale noted that the prospects are more encouraging with the rise of China's investment in affordable housing.

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