21
Feb
10:02
SHP’s 2022 profit falls on lower ore prices
Shougang Hierro Perú (SHP) saw production and sales volumes increase year-on-year in 2022. The company, however, saw its operational results decline, Kallanish learns from the company’s fourth-quarter report.
“The company’s financial performance decelerated mainly as a result of weaker iron ore prices in 2022,” SHP says. The miner confirms its revenue was also impacted by higher production costs and electricity prices, as well as the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous