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30 Jul
08:57

Peru's SHP sees first-half shipments, profit decline

Peruvian iron ore producer Shougang Hierro Peru (SHP) saw net profit and revenue decrease in the first half of 2018, Kallanish learns from the company. “The company financial performance has been mainly impacted by the decrease of iron ore prices in the period from January to June,” SHP says. During H1, SHP continued with its expansion plan by investing up to $244.2 million in a series of improvements in its operation…
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