25
Oct
09:35
Vale increases profit quarter-on-quarter
Vale’s consolidated net income reached $1.40 billion in the third quarter of 2018. This was $1.33 billion more than in Q2 but remained below the $2.23 billion seen in the same period of 2017, the iron ore miner says in its latest earnings report monitored by Kallanish.
“Our Ebitda was $4.37 billion or 12.1% higher than in Q2 mainly after having surpassed the historical milestone of over a hundred million tonnes of iron ore produce…
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Anonymous
Very good overview of the weekly steel market.
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