Vale is trading 4.09% up now at BRL 78.10, with the move aligning with stronger iron-ore-miner sentiment as Chinese mills continue restocking inventories.
- Port stockpiles at 35 major ports fell by 1.24 million metric tons during the week ended August 21, supporting expectations of sustained ore buying.
- The August 24 report identified restocking—not a company-specific announcement—as the main catalyst for miner shares.