Base Metals

Reuters reported that Vale’s fourth quarter profits may have tripled due to rising iron prices and increasing demand from China.

Reuters reported that Vale’s fourth quarter profits may have tripled due to rising iron prices and increasing demand from China.

The market news is quoted as saying:

The world’s largest producer of iron ore is expected to post net income of $5.73 billion when it reports its fourth-quarter earnings.

To read the full market news, click here.

Featured

MARKETS

Markets
TSX20286.20+88.59
TSXV700.66-1.43
DOW31928.62+48.38
S&P 5003941.48-32.27
NASD11264.45-270.83
ASX7128.80-20.10

COMMODITIES

Commodities
Gold1855.24-12.05
Silver21.78-0.35
Copper4.23-0.07
Palladium1990.00-7.00
Platinum940.50-15.50
Oil110.96+1.19
Heating Oil3.71+0.06
Natural Gas9.04+0.24

DOWNLOAD FREE REPORTS

×