26
Apr
10:30
Vale first-quarter profits dip year-on-year
Brazil's Vale saw its financial performance dip year-on-year in the first quarter of 2018, the iron ore miner says in its quarterly results report monitored by Kallanish. The group’s net income (all products) was more than double that of the previous quarter but fell by -36.1% on-year.
The seesaw effect does not please ceo Fabio Schvartsman. “We are pleased that Vale has shown remarkable flexibility and performance d…
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Anonymous
Very good overview of the weekly steel market.
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