Ferroglobe (GSM) has released an update.
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Ferroglobe PLC reported strong financial results for the third quarter of 2024, with an adjusted EBITDA of $60 million, despite facing market challenges. The company maintained a positive net cash position and benefited from recent U.S. Department of Commerce duties on ferrosilicon imports from countries like Russia and Brazil. Ferroglobe is also preparing to release an ESG report focusing on significant decarbonization goals by 2030.
For further insights into GSM stock, check out TipRanks’ Stock Analysis page.
