31
Jul
03:44
Vale Indonesia records higher revenue on increased production
Vale Indonesia has posted higher revenue in the first half of the year underpinned by increased production and controlled cost, Kallanish notes.
The Indonesian subsidiary of the Brazilian mining group says in a statement that its H1 revenue increased around 17% to $658.9 million from $564.5m a year ago. The growth mainly reflects a higher shipment volume of 6,208 tonnes in the period. Underpinned by higher revenue, the company’s H1 profit also climbed …
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Anonymous
Very good overview of the weekly steel market.
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