08
Sep
10:30
Rana Gruber consolidates structure, ore prices lift earnings
Rana Gruber plans to merge with its wholly-owned subsidiary Rana Gruber Mineral to simplify the company structure, Kallanish learns from the Norwegian iron ore miner.
The firm’s hematite ore concentrate sales rose 1% on-year in the first half of 2021 to 713,091 tonnes, while magnetite ore sales grew 11% to 50,870t.
Solid production and a continued strong market for iron ore lifted Rana Gruber’s revenue in H1 to above NOK 1.1 billion ($126.2 million), …
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Anonymous
Very good overview of the weekly steel market.
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