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03 Nov
10:17

Ahmsa registers falling results amid operational uncertainty

Mexican integrated steelmaker Ahmsa saw performance deteriorate further in the third quarter, further increasing concerns over its operational future, Kallanish learns from the company's financial results. In June-September the company's sales were down by over -50% year-on-year to MXN 5.8 billion ($274.99 million). Consolidated net loss more than doubled to MXN 5.6 billion. Amid this uncertainty, local press have cited a trade unionist at Ahmsa as saying…
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