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29 Oct
10:33

Grupo Simec’s shipments, profit rise in third quarter

Mexican long steel producer Grupo Simec increased its third-quarter sales, Kallanish learns from the company’s latest report. The steelmaker’s finished steel shipments totalled 676,000 tonnes in Q3, up 13% on-year and 25% compared to Q2. Commercial profiles accounted for 461,000t. In the first nine months of 2020 sales amounted to 1.83 million tonnes, 2% more on-year, with commercial profiles representing 68.9% of total shipments. Net sales…
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