29
Jul
11:53
Ahmsa to divest assets on financial pressure
Altos Hornos de México (Ahmsa) says it will cancel its non-priority investments and will close some subsidiaries.
The steelmaker saw its financial performance deteriorate in the second quarter, Kallanish learns from the company’s unaudited earnings report (see related story).
Ahmsa has revised its production plan for the rest of 2019 in order to strengthen its position in the market. The company announced cost-reduction measures, as wel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous