23
Jul
11:44
Half-year revenue declines at Kumba
Kumba Iron Ore's earnings for the first half of 2024 were down against the same period last year. This was due to lower average realised export iron ore prices on an fob basis of $97/wmt compared to $106/t in the first half of 2023, and a weaker premium of $1/t compared to $4/t in the comparable period of 2023, Kallanish notes.
Kumba’s Ebitda shrank in H1 by 22.2% on-year to ZAR 15.6 billion ($832 million) from 19.8 billion in the same period last y…
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Anonymous
Very good overview of the weekly steel market.
Anonymous