19
Feb
07:28
Grupo Simec improves 2020 performance despite pandemic
Mexican long steel producer Grupo Simec saw performance improve in 2020 despite the Covid-19 pandemic, Kallanish learns from the company’s latest earnings report.
“The current domestic and global economic situation has generated a drastic contraction in demand for steel products, a significant restriction of credit and liquidity as well as the devaluation of the Mexican peso against the US dollar,” the company says.
Despite the crisis, the comp…
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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