Vale S.A. down 5% overnight after 1st Q results. IO production was 66.8M ton vs expect 67.7M ton, and down from last Q of 80.85M ton. Most likely also drags down other resource stocks.
Yesterday FMG started strong after the Vale results but followed Dalian IO future down. IO price although remain flat despite the fall in Dalian Future.
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Vale S.A. down 5% overnight after 1st Q results. IO production...
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Last
$25.57 |
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Open | High | Low | Value | Volume |
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