21
May
13:24
Vale's first-quarter Middle Eastern shipments slump
Brazilian-headquartered Vale’s iron ore and pellet shipments in the Middle East declined -14% on-year in the first quarter to 2.25 million tonnes. This was also down -46% from Q4 2018. The region accounted for 3.3% of Vale’s consolidated shipments in Q1 compared to 3.1% in the year-earlier quarter.
Vale’s consolidated net operating revenue, including all minerals, generated in the Middle East fell -4% in Q1 to $356 million. This was also d…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous