26
Jul
08:40
Vale second-quarter profit surges despite obstacles
Brazil's Vale saw consolidated net income surge 375% on-year in the second quarter to $76 million, but this remained far from the $1.59 billion seen in Q1, the iron ore miner says in its latest earnings report monitored by Kallanish.
“We achieved another strong financial performance in Q2, with an adjusted Ebitda of $3.9 billion, in line with the previous quarter as anticipated, overcoming the challenges of lower prices and supply d…
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Anonymous
Very good overview of the weekly steel market.
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