23
May
09:59
Iron ore revenue lifts Afrimat earnings
Iron ore prices saw Afrimat’s Bulk Commodities segment deliver a favourable contribution to overall performance in the fiscal year ending 28 February 2022, the South African-listed company says.
The segment, comprising the Jenkins and Demaneng iron ore mines and Nkomati anthracite mine, contributed 51.46% to consolidated revenue of ZAR 4.68 billion ($296.1 million). Segment revenue surged 52% on-year to ZAR 2.4 billion; however, operating profit decreas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous