29
Jul
13:55
Cheaper ore affects Vale profit, sales volumes improve
Brazilian miner Vale saw second-quarter earnings fall, mainly due to lower realised prices. However, the company saw iron ore and pellet sales rise following the adverse weather conditions that hit Brazil in Q1, Kallanish learns from the miner’s latest report.
The company confirms progress in the de-risking of its activities during Q2, with the completion of the Baixo João Pereira and Dike 4 decommissioning, being the first two of five structures…
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Anonymous
Very good overview of the weekly steel market.
Anonymous