Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
Read More
Meal Delivery Services Transform Global Food Industry

Meal Delivery Services Transform Global Food Industry

Meal delivery services cater to the demand for convenient and healthy options by shortening the supply chain and offering rapid delivery. This analysis examines Diet-to-Go as a case study, focusing on its strategy, delivery methods, and operational processes. The food industry is trending towards personalization, intelligent automation, and sustainability to meet evolving consumer preferences and environmental concerns. This shift requires companies to adapt and innovate to remain competitive in the dynamic meal delivery landscape.

01/27/2026 Logistics Industry Insights
Read More