27
Apr
08:28
Lower ore prices, shipments impact Vale’s first-quarter revenue
Brazilian miner Vale saw first-quarter earnings fall mainly due to lower iron ore and pellet sales and raw materials realised prices during the period, Kallanish learns from the miner’s latest report.
“Despite the weather-related loading restrictions that impacted our sales, we remain confident in our ability to achieve our 2023 goals,” Vale comments. The miner expects iron ore output to reach 310-320 million tonnes in 2023, while pellet pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous