There's prospect that iron-ore prices will rise this year.
We saw the market take a pause for breath in February, but Brazil remains the star of the emerging markets and, as long as the international outlook remains positive, stocks should rise.
The predictability of the economy and prospects for growth coupled with high external liquidity is pushing the market up.
All the conditions are there for further rate cuts.
On top of that, rates are still very high, which guarantee good margins for the sector.
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