26
Oct
12:57
Vale's third quarter Middle East shipments inch down
Vale’s iron ore and pellet shipments in the Middle East declined -5% on-year in the third quarter to 2.15 million tonnes. This comprised 2.4% of the Brazilian miner’s consolidated iron ore shipments compared to 2.6% in the year-earlier quarter. Compared to Q2 2017 Mid-East shipments surged 28%.
Vale’s consolidated net operating revenue, including all minerals, generated in the Middle East grew 19% on-year to $282 million in Q3. It was also up 3…
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Anonymous
Very good overview of the weekly steel market.
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