29
Jul
10:06
Firm commodities, sales growth lift Vale’s second-quarter profit
Brazilian miner Vale saw its second-quarter earnings grow, boosted by higher international commodity prices and growing sales volumes, Kallanish learns from the miner’s latest report. This was despite increasing maintenance and freight costs.
The company confirmed progress in the de-risking of its activities during Q2, despite the worsening Covid-19 situation in some of the regions where it operates.
Adjusted Q2 Ebitda reached $11.03 billion, up by $2.…
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Anonymous
Very good overview of the weekly steel market.
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