On September 14, Vale SA fell 3.15% in pre-market trading, trading at approximately $14.78/share, with turnover of $317,100.

On the news front, iron ore futures broke below 720 yuan per ton, marking a third consecutive day of decline, while Chinese steel mill profitability collapsed to just 8%, down sharply from approximately 30% the prior week and roughly 60% a year earlier — the lowest level since September of the prior year. Persistently elevated coking coal prices continued to squeeze margins across the steelmaking industry. Additionally, China Mineral Resources Group reportedly advised multiple steel enterprises to avoid purchasing Rio Tinto's flagship Pilbara Blend ore, further intensifying market concerns over weakening iron ore demand.

The broader Steel & Iron sector traded under pressure in tandem. Among peers, Nucor fell 1.63%, Cleveland-Cliffs declined 1.50%, Steel Dynamics dropped 0.96%, and Alpha Metallurgical Resources fell 3.76%, while Reliance Steel & Aluminum traded flat.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)