26
Jul
09:06
Vale's Iron Solutions unit's second-quarter earnings grow
Vale saw its Iron Solutions unit's second-quarter earnings rise compared to Q1 but they were lower compared to Q2 2023. The on-year fall resulted from higher iron ore cash costs and freight rates, as well as greater expenses in maintenance activities to maximize performance in the second half of this year, Kallanish learns from the Brazilian miner’s latest report. The negative effects were partially offset by a 5.4 million tonnes increase in iron ore…
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Anonymous
Very good overview of the weekly steel market.
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