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The PRC’s significant, long-standing relationship with Peru, including its significant role in key sectors such as mining, petroleum, logistics, telecommunications, and military interactions, positions it well to expand its relationship in response to Peru’s economic and fiscal needs. ....
China’s Belt and Road Initiative is a $1 trillion plan to deepen economic relations between itself and up to 60 other countries worldwide through large investments in infrastructure, construction, and other projects. Many commentators have considered the significance of Belt and Road from a political, economic, or even environmental perspective. This discussion, conceived and ....
Shougang Hierro Peru sees profit surge in Q1 Wednesday, 19 May 2021 19:54:59 (GMT+3) | Sao Paulo
Shougang Hierro Peru said net profit in Q1 this year surged 437.3 percent, year-over-year, to PEN 1.06 billion ($284.3 million). The company, which is Peruâs key iron ore producer, said net revenues in Q1 this year rose 140.3 percent, year-over-year, to PEN 2.28 billion ($609.7 million). Iron ore sales volumes in Q1 slightly rose 2 percent, year-over-year, to 4.7 million mt. Shougang Hierro Peru reported an EBITDA of PEN 1.66 billion ($445.6 million), 430.6 percent up, year-over-year. USD = PEN 3.74 (May 19) ....