26
Oct
14:08
Peru's Aceros Arequipa posts weaker third-quarter results
Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its third-quarter revenue and profit decline.
According to the firm’s earnings report seen by Kallanish, net sales reached PEN 1.13 billion ($293.4 million) in Q3, down 5.9% on the previous quarter and 11.8% less compared to the same period in 2022.
“This drop was mainly attributed to lower sales prices and the greater composition of products sold to other…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous