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Vale S.A. Message Board

  • jcbrowns jcbrowns Nov 3, 2007 11:04 PM Flag

    Iron Ore Price Increase:

    Iron ore prices are expected to rise somewhere between 25% and 55%. I made a rough calculation that if they rise by 30%, CVRD's earnings should rise by approximately $1.10. Does anyone else have a different estimate? I will appreciate all responses.

5.67-0.27(-4.55%)Mar 27 4:02 PMEDT