07
Mar
02:04
Ferroalloy prices drive OM FY22 net profit
Australian manganese ore and ferroalloy producer OM Holdings has reported higher earnings for its financial year ended 31 December, 2022 (FY22), underpinned by higher ferroalloy prices, Kallanish notes.
The group’s net profit rose 10.2% to $67.8 million in FY22 from $61.5m in FY21.
The earnings were supported by higher ferroalloy prices despite lower total product volume traded.
Meanwhile, the group’s revenue grew 9.8% to $856.6 million in FY22 fro…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous