Bloomberg News

Iron Prices to Keep Rising on Demand, Vale Chief Agnelli Says

October 03, 2007

Iron prices will keep rising as demand from China and other growing economies persist in the next three years, Cia. Vale do Rio Doce Chief Executive Roger Agnelli said.

Demand for nickel and copper also will keep climbing in coming years, Agnelli told reporters in Brasilia today. Vale is the world's biggest iron-ore producer

To contact the reporters on this story: Carlos Caminada in Sao Paulo at at ccaminada1@bloomberg.net; Andre Soliani in Brasilia at at asoliani@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


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