28
Feb
14:14
Simec returns to profit in 2016
Mexican long steel producer Grupo Simec returned to profit due to higher shipments of finished steel products and a higher average sales price in 2016.
Shipments of flats reached 2.11 million tonnes in 2016, a 4% increase compared to 2015, Kallanish notes.
Net sales rose by 5% to MXN 25,642 million, due to an 8% increase in domestic sales which reached MXN 15.287m in 2016. Exports of flats meanwhile were MXN 10,355m and stable compared to those…
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Anonymous
Very good overview of the weekly steel market.
Anonymous