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15 Feb
11:02

Higher raw materials prices boost SHP's 2021 revenue

Shougang Hierro Perú (SHP) says its operational results improved significantly on-year in 2021, Kallanish learns from the company’s fourth-quarter report. “The company’s financial performance was boosted by the increase in iron ore prices in the period, as well as by large volumes sold,” SHP says. SHP ended 2021 with an iron ore output of 11.95 million tonnes, up 38.4% over 2020. This represented almost 98.4% of the country’s …
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