28
Mar
13:53
Brazil’s AVB fourth-quarter shipments reach record high
Brazil’s Ferroeste Group subsidiary Aço Verde do Brasil (AVB) improved its sales in 2022, Kallanish learns from the company's latest operating report. Fourth-quarter shipments to the domestic market posted a record; however, earnings were dented by higher production costs and a decline in steel prices.
AVB’s Q4 long steel sales were 94,319 tonnes, up 2% compared to the previous quarter and 37.7% higher on-year. “The on-quarter increase…
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Anonymous
Very good overview of the weekly steel market.
Anonymous