29
Oct
09:50
Vale’s third-quarter profit sharply improves
Brazilian miner Vale saw improved third-quarter financial performance, Kallanish notes, mainly driven by higher iron ore prices amid strong demand from China.
Vale’s Ebitda improvement was mainly driven by the 26% increase of iron ore realised prices and 20% higher iron ore sales volumes in Q3. “We achieved an important milestone in our production stabilisation, with an all-time production record in the Northern System, a major step towards the de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous