20
May
13:37
Peru’s sole iron ore producer, Shougang Hierro Perú (SHP), saw net profit and revenue decrease in the first quarter, Kallanish learns from the company’s latest earnings report. The miner, however, grew deliveries in line with higher global raw materials demand, while production fell, albeit insignificantly.
“The company’s financial performance deteriorated due to the decrease in iron ore prices and growing production and freight…
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Todor Kirkov
Bulgaria
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