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27 Jul
13:39

Higher prices, sales boost Aceros Arequipa second-quarter results

Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its performance improve both quarter-on-quarter and on-year in the second quarter. According to the firm’s latest quarterly report seen by Kallanish, net sales reached PEN 1.36 billion ($348.2 million) in Q2, up 8% on the previous quarter and also 21.5% higher compared to the same period in 2021. The increase is explained by the positive impact of rising internati…
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