15
Feb
09:38
SHP improves 2020 profit on higher ore prices
Peruvian iron ore producer Shougang Hierro Peru (SHP) saw net profit and revenue increase in 2020. Shipments, however, fell as a result of the Covid-19 impact during the second quarter, Kallanish learns from the company’s latest earnings report.
SHP was forced to halt operations between 16 March and 5 June. During the period, the miner was able only to fulfil its raw materials export agreements from existing volumes, while maintaining its main econ…
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Anonymous
Very good overview of the weekly steel market.
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