02
May
09:38
SHP posts lower profit despite rising first-quarter production
Peruvian iron ore producer Shougang Hierro Peru (SHP) saw its net profits and revenues decrease in the first quarter of 2018, Kallanish learns from data issued by the company to the Peruvian financial authority. Nevertheless, the miner continues to increase its iron ore production.
“The company financial performance has been impacted by the decrease of iron ore prices in the period from January to March,” SHP says.
Data issued …
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Anonymous
Very good overview of the weekly steel market.
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