Vale posts 17% drop in Q1 net profit
In the earnings report, Vale said its results were impacted by lower iron ore prices.
ArcelorMittal (NYSE: MT), the world’s second-largest steelmaker, is delaying plans for transitioning to low-carbon steel production, blaming insufficient policy clarity and support from the European Union for its decision. The Luxembourg-headquartered firm highlighted this week several challenges in replacing its...
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