25
Jan
08:39
Aceros Arequipa grows fourth-quarter sales
Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw sales grow in the fourth quarter of 2020. However, this could not make up for losses earlier in 2020, whose full-year sales were down on 2019, Kallanish notes. The firm is targeting net sales growth of 2-4% in 2021.
The company’s net sales reached PEN 1.06 billion ($293 million) in Q4, 38.5% higher than in the same period of 2019. Post-coronavirus-lockdown higher consu…
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Anonymous
Very good overview of the weekly steel market.
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