29
Oct
09:36
Vale's third-quarter earnings slip on international prices
Brazilian miner Vale saw its financial performance decelerate during the third quarter, Kallanish learns from the miner’s latest report. Revenues fell as a result of lower realized iron ore sales prices, mainly due to the declining trend in international commodity prices throughout the quarter. Strong iron ore production and sales volumes, however, partially offset these adverse effects.
Adjusted Q3 Ebitda reached $6.93 billion, down by $4.10 billi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous