18 May 2021 - trading update

The AIM-listed company has announced that there has been a further improvement to expected trading results from its German joint venture, Hargreaves Raw Material Services GmbH.  On 20 April, the company reported that trading in the joint venture was benefitting from favourable market conditions. Since then certain raw material commodity prices have continued to be very strong, due in part to demand from global steelmakers. Hargreaves Raw Material Services GmbH has continued to take advantage of these conditions and the contribution from the joint venture to Group profits should now exceed current market expectations . . .

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