The CRVD will reduce the investment in 2013

From: mysteel.com
publisher: Diego
Time: 2012-12-04

The mining tycoon CRVD of Brazil will reduce the capital expenditure to 16.3 billions US Dollars in 2013, compared with 2012 year, it fall by 24%.

Because of he global economic growth slows down and the price of iron ore decline to a great extent, they have to make a new review for the expansion plan.

 

 



  

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