27
Oct
21:22
Vale posts improved ferrous minerals performance in Q3
Brazil’s Vale registered an improved performance in its Ferrous Minerals segment in the third quarter of 2016, the iron ore miner tells Kallanish. Ebitda and cash flow generation increased while C1 cash costs and ‘iron ore fines and pellets Ebitda break-even’ both decreased.
C1 cash cost fob port/metric ton of iron ore fines in BRL reduced by -10% to BRL 42.2/tonne ($13.31/t) in Q316 versus BRL 46.9/t in Q315, despite inflationary pressures of …
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Anonymous
Very good overview of the weekly steel market.
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