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19 Feb

Lower sales, prices slash Siderperu fourth-quarter revenue

Peruvian long steelmaker Empresa Siderúrgica del Perú (Siderperu), a subsidiary of Brazil's Gerdau, saw revenue fall sequentially in the fourth quarter. This is mainly due to lower sales and realised steel prices, the steelmaker says in its latest operating report seen by Kallanish. “Despite lower Q4 results, Siderperu maintains a solid and stable economic and financial situation following a series of actions it took to …
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