05
Jan
17:30
Shougang Hierro Peru readies to double ore capacity
Shougang Hierro Peru (SHP), the sole iron ore producer in the Andean country, says that it is ready to launch its new production as soon as next week at its mine in Marcona. This follows a series of improvements and investments undertaken by the miner.
A final operating authorisation by the local authorities is still to be issued, but the company has everything in place for the launch, Raul Vera La Torre, general manager at the company tells …
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Very good overview of the weekly steel market.
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