Net profit at Shougang Hierro Per?? doubles in 2017 on higher iron ore prices

By Ana Paula Camargo / February 15, 2018 / www.metalbulletin.com / Article Link

Peruvian iron ore producer Shougang Hierro Per?? nearly doubled its net profit in 2017 on an annual basis, driven by higher sales prices.

Its profit for the year totaled 417.44 million nuevos soles ($127.27 million), against 208.04 million nuevos soles in 2016, the company said in a note to the Peruvian securities regulator, SMV, on Thursday February 15.Sales...

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