Advertisement
Singapore markets closed
  • Straits Times Index

    3,175.28
    -12.38 (-0.39%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,818.48
    -58.57 (-0.74%)
     
  • Bitcoin USD

    64,617.96
    +3,148.32 (+5.12%)
     
  • CMC Crypto 200

    1,330.86
    +18.24 (+1.39%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,399.60
    +1.60 (+0.07%)
     
  • Crude Oil

    83.09
    +0.36 (+0.44%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

What Will Drive Vale’s Iron Ore EBITDA?

What Will Drive Vale’s Iron Ore EBITDA?

Vale (VALE) has changed its product portfolio and quality in iron ore according to market demand. Vale made the major shift to selling high-quality ore in 2017, as China’s fight against pollution intensified, resulting in a huge variance between high-grade and low-grade material.