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Cost of Sales and Expenses by their Nature
 12 Months Ended
Dec. 31, 2024
Cost of Sales and Expenses by their Nature [Abstract]  
Cost of sales and expenses by their nature
21.Cost of sales and expenses by their nature

 

At the years ended at December 31, 2024, 2023 and 2022, the cost of sales and administration expenses consist of the following:

 

   2024   2023   2022 
             
Raw materials and consumables  $17,036,782   $20,377,456   $27,080,462 
Electrical energy   2,163,690    2,326,649    2,586,918 
Ferroalloys   1,500,999    1,883,923    2,232,759 
Refractories   650,713    859,034    767,691 
Oxygen   406,973    348,200    297,302 
Electrodes   249,551    402,513    542,117 
Gas and fuels   579,897    793,649    1,541,817 
Labor   1,663,870    1,822,827    2,272,304 
Operation materials   985,511    1,038,873    1,366,947 
Depreciation and amortization   1,066,382    1,035,244    1,116,872 
Maintenance   1,602,511    1,867,656    1,250,897 
Other expenses   728,383    661,140    1,084,475 
   $28,635,262   $33,417,164   $42,140,561 

 

    2024     2023     2022  
                   
Cost of sales   $ 26,032,751     $ 31,100,106     $ 39,683,861  
Administrative expenses     2,602,511       2,317,058       2,456,700  
    $ 28,635,262     $ 33,417,164     $ 42,140,561