Detail akcie Ruukki Group Oyj online

Business Summary: Afarak Group Plc, formerly Ruukki Group Oyj, is a Finland-based company active in the steel sector. The Company’s business comprises two production divisions, FerroAlloys and Speciality Alloys, and a sales and marketing operation, RSC Limited. The FerroAlloys business consists of the Stellite mine, the alloy processing plant Mogale and the Mecklemburg development project in South Africa and the Waylox mine development project in Zimbabwe. The business produces chrome ore, Charge Chrome, Silico Manganese and Stainless Steel Alloy and exports chrome ore directly to global markets, particularly to China. The Spieciality Alloys business consists of the TMS mining and beneficiation operation in Turkey and the EWW, chromite concentrate processing plant in Germany. TMS supplies EWW with chromite concentrate which is used in Specialised Low Carbon and Ultralow Carbon Ferrochrome. Surplus chrome ore is exported from TMS mainly to China. The Company operates a number of subsidiaries worldwide.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Afarak Group SE revenues decreased 25% to EUR71.4M. Net income decreased 98% to EUR215K. Revenues reflect Speciality Alloys segment decrease of 30% to EUR62.8M. Net income also reflects Depreciation increase of 68% to EUR1.1M (expense).