29
Apr
11:45
Higher prices, exports boost Aceros Arequipa performance
Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its performance deteriorate quarter-on-quarter in the first quarter. Results, however, were higher year-on-year, Kallanish notes.
Net sales reached PEN 1.31 billion ($342.5 million) in Q1, down 9.2% on the previous quarter but 16.7% higher compared to the same period in 2021. The increase is explained by the positive impact of rising international prices, the company sa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous