|Bid||26.74 x 1600|
|Ask||26.79 x 1800|
|Day's Range||26.70 - 27.18|
|52 Week Range||19.58 - 30.75|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.39%|
The estimated investment needed for Cliffs Natural Resources' (CLF) HBI (hot briquetted iron) plant is ~$700 million.
In 1Q17, Vale’s (VALE) ferrous division accounted for ~89.0% of its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization).
Metal miners-tracking exchange-traded funds had a poor showing on Thursday. Metals prices were pretty much losers across the board. July copper was roughly flat at $2.57/lb. The iShares MSCI Global Metals & Mining Producers (PICK) tumbled 2.6% while the SPDR S&P Metals & Mining ETF (XME) declined 3.6%.