22
May
02:18
Global Ferronickel returns to the black in Q1
Philippines nickel producer Global Ferronickel has returned to the black in the first quarter and is optimistic about its 2023 outlook, Kallanish notes.
The group achieved a net profit of PHP 358.8 million ($6.44m) in the first quarter, as compared to a net loss of PHP 198.2 million a year ago. Revenue surged 28 times to PHP 1.1 billion.
A total of 330,000 wet metric tonnes (wmt) were shipped in the quarter, all of which are medium-grade nickel ore. The a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous