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Afarak Group SE

V5W:STU

Afarak Group SE

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  • Price (EUR)0.3455
  • Today's Change-0.009 / -2.40%
  • Shares traded0.00
  • 1 Year change-41.14%
  • Beta--
Data delayed at least 15 minutes, as of Apr 18 2024.
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About the company

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.

  • Revenue in EUR (TTM)153.66m
  • Net income in EUR9.45m
  • Incorporated1985
  • Employees596.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		AFAGR:HEX since
announced		Transaction
value
LL-resources GmbHAnnounced12 May 202312 May 2023Announced-44.17%64.94m
Data delayed at least 15 minutes, as of Apr 19 2024 17:00 BST.
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