Hi All
Intec is not the only one cutting back.
Zinc producer Horsehead Corporation, a wholly owned subsidiary of Horsehead Holding recently announced that it will reduce operations at its zinc smelter in Monaca, PA, by idling one of its six furnaces at the facility in an effort to improve profitability.
"The steep decline in the price of zinc on the London Metal Exchange over the past year, combined with simultaneous increases in energy and transportation costs, requires a proactive approach on our part," said Jim Hensler, Horsehead's President & CEO. "We believe reducing the intake of high-cost secondary feedstock and paring back to a five furnace operation at our Monaca facility along with continuing implementation of our cost reduction strategies will reduce our cost of production as the proportion of our feed from low-cost recycled electric arc furnace dust increases."
Cheers.
- Forums
- ASX - By Stock
- SDV
- any positives
any positives, page-16
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDV (ASX) to my watchlist
|
|||||
Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.05M |
Open | High | Low | Value | Volume |
48.0¢ | 48.5¢ | 48.0¢ | $3.344K | 6.954K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 20589 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30 | 0.480 |
1 | 3100 | 0.475 |
1 | 10840 | 0.460 |
1 | 39381 | 0.450 |
1 | 60000 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 20589 | 2 |
0.490 | 2100 | 1 |
0.500 | 7000 | 1 |
0.505 | 31749 | 1 |
0.510 | 3930 | 1 |
Last trade - 15.46pm 06/09/2024 (20 minute delay) ? |
Featured News
SDV (ASX) Chart |