23
Mar
10:33
South Africa’s Merafe Resources Limited (MRL) reported a decrease in its 2022 financials, mainly due to diminished ferrochrome deliveries, and ferrochrome unit production cost rising 30% on-year driven by global inflation.
Also contributing were hiked electricity tariffs and supply chain constraints. However, earnings in local currency were less impacted since ferrochrome prices in US dollars surged, while the local currency weakened against the dollar,…
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Burak Odabasi
Turkey
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
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