Bulletin Updates

Ferroglobe is a global leader in Silicon Metal and Ferroalloys – 24 Feb 2023

Feb 24, 2023

Despite low market liquidity and substantial consumer destocking, the company had a good quarter. On a run-rate basis, the value creation strategy has brought about roughly $150 million in cost savings and an additional $40 million in commercial excellence, with a total of $225 million projected by the end of 2023. Revenue of $2.6 billion in 2022 is a record, rising 46% year on year.

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