25
Feb
15:56
Vale tumbles to heavy loss in 2015
Iron ore miner Vale saw its major financial indicators for its ferrous minerals business head firmly south in 2015, the company reveals in its full-year operating statement monitored by Kallanish. Thanks to a similar downwards movement in costs however the ferrous segment produced positive Ebitda, albeit well down on that seen in 2014. Due to massive impairment costs and currency effects however, the miner made a heavy consolidated loss across all its business…
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Anonymous
Very good overview of the weekly steel market.
Anonymous