| Schedule of Cost of Sales and Administration Expenses |
At
the years ended at December 31, 2025, 2024 and 2023, the cost of sales and administration expenses consist of the following:
| | |
2025 | | |
2024 | | |
2023 | |
| | |
| | |
| | |
| |
| Raw materials and consumables | |
$ | 15,570,703 | | |
$ | 17,036,782 | | |
$ | 20,377,456 | |
| Electrical energy | |
| 1,894,270 | | |
| 2,163,690 | | |
| 2,326,649 | |
| Ferroalloys | |
| 1,313,127 | | |
| 1,500,999 | | |
| 1,883,923 | |
| Refractories | |
| 574,732 | | |
| 650,713 | | |
| 859,034 | |
| Oxygen | |
| 356,953 | | |
| 406,973 | | |
| 348,200 | |
| Electrodes | |
| 215,067 | | |
| 249,551 | | |
| 402,513 | |
| Gas and fuels | |
| 635,287 | | |
| 579,897 | | |
| 793,649 | |
| Labor | |
| 1,574,396 | | |
| 1,663,870 | | |
| 1,822,827 | |
| Operation materials | |
| 853,826 | | |
| 985,511 | | |
| 1,038,873 | |
| Depreciation and amortization | |
| 1,082,267 | | |
| 1,066,382 | | |
| 1,035,244 | |
| Maintenance | |
| 905,858 | | |
| 1,602,511 | | |
| 1,867,656 | |
| Other expenses | |
| 636,317 | | |
| 728,383 | | |
| 661,140 | |
| | |
$ | 25,612,803 | | |
$ | 28,635,262 | | |
$ | 33,417,164 | |
| | |
2025 | | |
2024 | | |
2023 | |
| | |
| | |
| | |
| |
| Cost of sales | |
$ | 22,783,351 | | |
$ | 26,032,751 | | |
$ | 31,100,106 | |
| Administrative expenses | |
| 2,829,452 | | |
| 2,602,511 | | |
| 2,317,058 | |
| | |
$ | 25,612,803 | | |
$ | 28,635,262 | | |
$ | 33,417,164 | |
|