Shougang Hierro Peru Saa

Shougang Hierro Peru Saa

BBVL:SHPC1
29.00
PEN
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Xiang Chun Meng
Sector
Non-energy minerals
Industry
Steel
Address
Lima Peru
IPO Date
Sep 13, 1999
Business
Shougang Hierro Perú S.A.A. is a Peru-based mining company primarily engaged in the exploration, exploitation, processing, and commercialization of iron ore deposits and related mineral derivatives. The company operates the Marcona open-pit mining complex located in the Nazca Province, Ica Department, positioning it as the premier iron ore producer in Peru. Shougang Hierro Perú S.A.A. offers a systematic portfolio of mineral products and industrial services, which include: blast furnace pellets designed for integrated steelmaking operations; direct reduction pellets tailored for electric arc furnace steel production; sinter feed concentrates for blast furnace sintering beds; high-grade pellet feed concentrates; natural lump iron ore; secondary copper concentrates and byproduct minerals extracted through magnetic separation and flotation circuits; and comprehensive marine port handling, storage, and ship-loading services operated through its private San Nicolás deepwater terminal. The company additionally provides integrated utility services, including seawater reverse-osmosis desalination, industrial water supply, and electrical power transmission supporting both its industrial operations and the urban infrastructure of the Marcona district. Founded in 1992 following the privatization of the state-owned Empresa Minera del Hierro del Perú, the company is headquartered in San Isidro, Lima, Peru, and operates as a principal overseas subsidiary of the Chinese state-owned steel and mining enterprise Shougang Group (China Shougang Corporation). Its primary commercial markets comprise major steel manufacturing conglomerates across the Asia-Pacific region, principally the People's Republic of China, Japan, and South Korea, as well as select industrial clients across Latin America. In recent developments, Shougang Hierro Perú S.A.A. has advanced extensive capital expansion and operational modernization initiatives, including the progressive ramp-up of its multi-phase beneficiation and pelletizing plant expansions to maintain annual output capacity exceeding 20 million metric tons; the implementation of an advanced tailings reprocessing plant to recover residual iron ore from historical deposit basins; infrastructure upgrades and dredging at the San Nicolás port to accommodate larger Capesize dry bulk carriers; and ongoing strategic investments in renewable energy integration and expanded industrial seawater desalination capacity to advance operational sustainability across its coastal processing operations.