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$5.73 (-6.07%)

Volume: 795.359k

Closed: Jul 05, 2022

Hollow Logo Score: -3.513

Ferroglobe PLC Stock Forecast

BUY SELL NASDAQ:GSM
$5.73 (-6.07%)

Volume: 795.359k

Closed: Jul 05, 2022

Score Hollow Logo -3.513

Ferroglobe PLC Company Profile

One Fetter Lane

London EC4A 1BR

44 80 0975 8080

www.ferroglobe.com

Industry: Metals & Mining

Sector: Basic Materials

Ferroglobe PLC

Description

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It operates in two segments, Electrometallurgy and Energy. The company offers silicon metal that is used by aluminum and silicone chemical producers, as well as used in the production of polysilicon; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese, which is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel, as well as powdered products. It also provides ferrosilicon products for use in the production of electrodes, stainless steel, carbon steel, and various other steel alloys; removal of oxygen from the steel; enhancing the quality and strength of iron and steel products, as well as in the production of aluminum; silico calcium for use in the deoxidation and desulfurization of liquid steel; nodularizers and inoculants, which are used in the production of iron; and silica fume that used in the production of concrete and mortar. In addition, it generates and supplies hydroelectric power; and operates quartz mines located in Spain and South Africa. As of December 31, 2015, the company operated 12 hydroelectric power plants with a combined power generation installed capacity of 192 megawatts in Spain; and 2 hydroelectric power plants with a combined installed capacity of 20 megawatts in France. Its customers include silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. The company was formerly known as VeloNewco Limited. Ferroglobe PLC was incorporated in 2015 and is headquartered in London, the United Kingdom. Ferroglobe PLC is a subsidiary of Grupo Villar Mir, S.A.

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE