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15 Nov
09:08

Votorantim third-quarter steel performance deteriorates

Brazil’s Votorantim saw consolidated sales volumes and net revenue from long steel production decrease year-on-year in the third quarter of 2019, Kallanish learns from the company's operating results. The contribution from the firm’s 15% stake in long steel unit ArcelorMittal Brasil Sul Fluminense (AMBSF) was consolidated in Votorantim’s results, the steelmaker says. “We had a negative performance in Argentina where net r…
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