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25 Oct
09:13

Mexico`s Simec increases profits

Mexican longs steel producer Grupo Simec continues to grow its profits due to higher net sales and higher average prices in the first nine months of 2017, Kallanish learns from company`s quarterly report. “The increase in sales for the first nine months was registered despite a reduction in the volume of shipments compared to 2016. These were down by -1% year-on-year, but the average sales price/tonne increased by approximatel…
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