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14 May
08:14

Grupo Simec profit improves in first quarter

Mexican long steel producer Grupo Simec saw its main indicators improve both on-quarter and year-on-year in the first three-month period of 2021, Kallanish learns from the company’s latest report. The steelmaker’s finished steel shipments totalled 682,000 tonnes in Q1, up 32% on-year and 13% compared to Q4 2020. Commercial profiles accounted for 435,000t of shipments. Net sales in Q1 reached MXN 13.35 billion ($671.1 million), 57% highe…
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