29
Apr
09:44
Vale's revenue falls in first quarter
Brazilian miner Vale saw its first-quarter results impacted by the coronavirus outbreak. The company`s net revenue from iron ore decreased both year-on-year and quarter-on-quarter in the first three months of 2020, it says in its latest earnings report monitored by Kallanish.
"Vale is facing the challenging times brought by the Covid-19 outbreak with responsibility, discipline and sense of urgency. We designed a response plan to this crisis, w…
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Anonymous
Very good overview of the weekly steel market.
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