26
Oct
14:06
Grupo Simec’s third-quarter sales, volume, profit decline
Mexican long steel producer Grupo Simec (GS) third-quarter sales volumes increased sequentially but were weak year-on-year, Kallanish learns from the company’s latest report. GS explains that profit wаs down compared with the previous quarter and the same period of last year due to a decrease in average steel prices.
The steelmaker’s sales volume totalled 531,000 tonnes in Q3, up 5.1% over Q2 but 1.8% less compared with a year earlier. F…
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Anonymous
Very good overview of the weekly steel market.
Anonymous