Copper $ 5.596 / lb 0.59%
Brent Crude Oil $ 62.5 / bbl 0.11%
Palladium $ 1888 / ozt -4.38%
Crude Oil $ 58.59 / bbl 0.21%
Natural Gas $ 3.797 / Btu -2.49%
Silver Futures $ 71.9 / ozt 0.31%
Aluminum Futures $ 2973.75 / ton 0.11%
Micro Gold Futures $ 4511.4 / ozt -0.14%
Micro Silver Futures $ 71.88 / ozt 0.31%
Platinum $ 2311.1 / ozt -0.31%
Gold Futures $ 4510.6 / ozt -0.14%
Go to MDC Markets

Low volumes and nonrecurring costs put pressure on Sandvik earnings

infomine - mining equipment and supplier news | June 17, 2009 | 6:33 am

Sandvik’s order intake rate gradually declined in April-May to a level, which in terms of volume was 40-50% lower than the year-earlier period. Generally low demand from end customers, combined with continued inventory reductions among most customer segments, leads to...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now