02
May
10:43
Simec increases first-quarter profits despite lower sales
Mexican long steel producer Grupo Simec boosted its profits in the first quarter of 2018. Net sales were almost flat, while lower sales volumes were partially offset by higher average prices in the first three months of 2018, Kallanish learns from the company`s quarterly report.
“The increase in sales for the first three months was 0.3% year-on-year despite a reduction in the volume of shipments compared to Q1 2017. The averag…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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