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LONDON, Aug. 23, 2016 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will discuss second quarter 2016 financial results and Ferroglobe's business outlook on Friday, August 26, 2016. Ferroglobe invites all interested persons to participate on its conference call at 9:00 AM, Eastern Time. The dial-in number for the call for participants in the United States is...
Q1 2016 revenue of $423.5 million, down from pro forma $543 million in Q1 2015 Net loss of $(25.7) million, or $(0.15) on a fully diluted per share basis. Adjusted net loss of $(6.3) million, or $(0.04) on a fully diluted per share basis Adjusted EBITDA of $33.9 million; reported EBITDA of $21.2 million Free cash-flow generation of $35 million Cost savings of $19.8 million achieved compared to...
Silicon metal is the raw material for the production of photovoltaic solar cells, which is currently the most promising renewable energy source. Currently, this photovoltaic solar-grade silicon metal has been produced by expensive chemical methods that only allow low production rates. This have been representing... read more
Ferroglobe is the largest producer of silicon metal in North America and among the largest producers in the world. Our high-purity silicon metal is used by many industries. In the chemical industry it is used for producing silicon compounds as well as silicon wafers used in photovoltaic solar cells and electronic semiconductors. And aluminum manufacturers use it to improve the already useful properties of aluminum. When used with aluminum, silicon improves its castability, hardness and strength.... read more
It is remarkable that more than 90% of the manganese production worldwide goes to producing steel in the form of ferroalloys. Accordingly, it comes as no surprise that manganese demand is mainly driven by the expected evolution of steel production. As experts in ferroalloys, here in Ferroglobe we offer a wide range of Ferromanganse and Silicomanganese products which boost the quality and properties of our clients' steelworks... read more
We are among the largest producers of both 50% and 75% high-purity ferrosilicon. We provide our customers' steel with an increase in hardness and deoxidizing properties but also with an improvement in strength and quality of iron steel products. But not only that, our ferrosilicon products serve as based for our large range of foundry products which offer an even wider set of beneficial properties... read more
Operating worldwide, Ferroglobe is a specialist in inoculation and nodularization techniques in use within the iron foundry industry. Led by a team of foundry experts, our main goal is to share and answer foundry inoculation and nodularization challenges. By assisting foundry engineers on production sites, we are able to suggest specific metallurgical treatments in accordance with the increasing demand of quality and productivity of the automotive, engineering and spun-iron pipe industries... read more
Ferroglobe offers outstanding technical expertise, superior customer support and the highest level of quality. Based on this we have provided the leadership to advance the use of silica fume as a key component in high-performance concrete, shotcrete, oil well grouts and cementitious repair products... read more