26
Apr
14:41
Vale first-quarter shipments soar in the Middle East
Brazilian-headquartered Vale’s iron ore and pellet shipments in the Middle East soared 38% on-year in the first quarter 2.63 million tonnes. This was also up 12% on Q4 2017. The region accounted for 3.1% of Vale’s consolidated Q1 shipments compared to 2.4% in the year-earlier quarter.
Vale’s consolidated net operating revenue, including all minerals, generated in the Middle East rose 26% on-year in Q1 to $369 million. This was also up 23% …
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Anonymous
Very good overview of the weekly steel market.
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