31.07.2009 - Brazil's Vale sees metals markets rebound in 2009
From Reuters: Brazilian miner Vale, the world's largest iron ore producer, said on Thursday it expected metals markets to continue recovering as the world economy emerges from the financial crisis. Vale on Wednesday posted an 84 percent year-on-year drop in second-quarter earnings caused by the tumble in iron ore prices from their peak at the height of the commodities boom and production cuts to adjust for collapsing demand.........Full Article: Source
Print