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30 Apr
12:58

Aceros Arequipa Q1 revenue falls, Ebitda improves

Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its first-quarter revenue decline but Ebitda rise. According to the firm’s latest quarterly report seen by Kallanish, net sales reached PEN 1.13 billion ($303.1 million) in the first quarter, 1% more than the previous quarter but down 7.3% compared with the same period in 2023. The year-on-year decrease was mainly attributed to lower volumes sold on the domestic market…
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