21
Jul
12:41
Grupo Simec posts weak second-quarter results
Mexican long steel producer Grupo Simec (GS) saw second-quarter performance decrease, Kallanish learns from the company’s latest report. Sales were down compared to both the previous quarter and the same period of last year.
The steelmaker’s sales volume totalled 505,000 tonnes in Q2, down 16% over Q1 and 9% less compared to a year earlier. From total shipments, structural steel comprised 354,000t, which was a fall of 16.7% q-o-q and 2.5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous