11.22 +0.05 (0.42%)
After hours: 5:47PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.03 - 11.28|
|52 Week Range||7.47 - 11.72|
|PE Ratio (TTM)||11.42|
|Forward Dividend & Yield||0.29 (2.65%)|
|1y Target Est||N/A|
Dec.06 -- Fabio Schvartsman, chief executive officer at Vale SA, discusses the iron ore market, his outlook for growth in China, dividends and his outlook for nickel. He speaks to Bloomberg's Joe Deaux at the New York Stock Exchange.
China’s property sector is one of the most steel-intensive sectors, consuming approximately 50% of overall steel in the country.
Since China is the biggest consumer of seaborne iron ore (COMT), investors looking for clues about iron ore prices should track Chinese iron ore demand.
Vale’s CFO (chief financial officer) Luciano Siani Pires said during Vale Day on December 6, 2017, that the company deserves a rerating of its valuation.
On Vale Day on December 6, 2017, Vale (VALE) pared back its production forecasts for nickel (DBB) for the next five years.
Vale’s (VALE) coal EBITDA has been declining due to lower realized prices and higher tariff costs in the NLC (Nacala Logistics Corridor).
Vale has changed its product portfolio and quality in iron ore according to market demand. In 2017, it's more focused on selling high-quality ore.
Vale (VALE) hosted Vale Day in New York on December 6, 2017. Management sounded quite confident about the company’s future prospects and creating shareholder value.
Could electric vehicles like the ones sold by Tesla (TSLA) possibly solve mining companies’ capital budgeting dilemmas?
More women are heading to remote mines, as big companies diversify their workforces and technology transforms the industry. The payoff: Safer, more productive mines.
Brazilian miner Vale SA concluded on Thursday the sale of two ships to Shanghai's Bank of Communications Finance Leasing Co Ltd for $178 million. In a regulatory filing, Vale said the sale concludes the ...
The drivers for Cleveland-Cliffs’ (CLF) top and bottom lines are quite different from the miners we’ve discussed in the previous parts of this series such as Rio Tinto (RIO), BHP (BHP), and Vale (VALE)....
The Chinese automobile industry comes second, after the real estate sector, in consuming the most steel. In this article, we’ll look at the recent developments in this industry to track the associated ...
As we discussed in the previous part of this series, analysts have been turning around on Vale SA (VALE). Its stock has gained 33% year-to-date.
To track demand for steel and iron ore, it's important to keep tabs on the developments in the Chinese real estate market (TAO).
Vale (VALE) has seen a significant shift of fortunes over the last few months. While only 25% of analysts had “buy” ratings on the stock at the start of 2017, currently, 54.2% of the 24 analysts covering ...
In the previous part of this series, we discussed how the momentum in Chinese steel production in 2017 has come on the back of strong steel prices.
Iron ore prices in 2017 so far have been a roller coaster ride. Prices reached a peak of $95 per ton in February only to slump to a low of $53 per ton in July and take off soon after.
It's important for investors to keep tabs on iron ore port inventories in China. Inventory levels show the balance between demand and supply for iron ore.