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12 Aug
10:41

Mexico's Simec grows sales in first-half

Mexican long steel producer Grupo Simec saw lower half-year profit despite higher net sales and a 0.5% increase in the average sales price/tonne, Kallanish learns from the company’s quarterly report. The steelmaker’s sales volumes totalled 1.183 million tonnes to end-June, or 8.3% more than in the same period of 2018. Net sales in this period reached MXN 18.528 million ($942.1m), an increase of 8.8% year-on-year. During …
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