In the labyrinthine realm of Chilean iron ore and steel, the chronicle of Grupo CAP unfolds, a tale of fiscal tempests and triumphs that leaves no ear untouched. With a dramatic crescendo, the ledgers of H1 2023 reveal a somber symphony, as a net loss of $167 million engulfs the pages, a stark contrast to the resounding net profit of $215.5 million that once graced the same passage in the symphonic saga of 2022.As the narrative unravels, it unveils a mosaic of fiscal phenomena. The descent into the abyss of the net loss is illuminated by provisions for losses, etched in the script as $149 million. These provisions cast a shadow over the assets, plant, and equipment of Siderurgica Huachipato, the steel maestro within the group's ensemble. A humbling realization of the present value of future cashflow weaves this tale of fiscal chiaroscuro.The echoes of the past resound in the realm of net sales, where a 10.5% descent is inscribed upon the ledgers, a reflection of the flux and flow of market currents. The EBITDA, that elusive measure of fiscal vitality, bears the weight of a 47.2% decline, a testament to the intricate dance of expenses and earnings upon the fiscal stage.In the mining amphitheater, the spotlight falls upon Compania Minera del Pacifico, its net profit transformed into $138 million from the previous chapter's $295.6 million. Yet, within this symphonic shift, iron ore sales emerge as the crescendo, surging by 11.7%, painting the stage with the hues of mineral prosperity.Stepping into the steel production arena, Compania Siderurgica Huachipato becomes the protagonist of loss, as a net loss of $279 million eclipses the previous chapter's $9.1 million loss. Amidst this narrative turbulence, the chapters of steel processing and infrastructure pen their tales. Steel processing weeps a net loss of $4.2 million, contrasting the earlier chapter's net profit of $6.1 million. The infrastructure fable unfurls, delivering a net profit of $10.6 million, marginally adrift from the preceding $10.8 million.