Daily Market Updates: Vale says soaring costs put 10% of iron ore in the red

S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$82,012▼0.0% Nikkei70,036▼0.9%

At close · Thu, Oct 8, 2026

Commodities

Home›Commodities›Energy›Vale says soaring costs put 10% of iron ore in the red

Vale says soaring costs put 10% of iron ore in the red

Reported · Written up by our desk · Energy

Rising fuel and shipping expenses squeeze producers as weak Chinese demand and new supply push prices to two-year lows.

← Newer storyP&H building grain storage at Port of Quebec Older story →Allstate reports $220m September pre-tax cat losses, taking aggregate…

More like this

CommoditiesMilitary Metals wins four-year Slovak licence lifeline

CommoditiesWhy Invading Iran Could Become America's Biggest Military Mistake

CommoditiesNew Oil Fields Should Have to Build the Carbon Storage Market

CommoditiesThe Sulfur Crisis Threatening the World's Food Supply

CommoditiesQatar Offers Lebanon 2 Gas Plants and 20 Years of LNG Piped Through Syria

Sources

Mining.comVale says soaring costs put 10% of iron ore in the red

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.