05
May
13:37
Peru's Aceros Arequipa sales rise in first quarter
Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw sales increase in the first quarter, Kallanish notes. The firm is targeting net sales and Ebitda growth of 40% and 680% year-on-year respectively in 2021.
The company’s net sales reached PEN 1.12 billion ($293.9 million) in Q1, 6.1% higher than in Q4 2020 and 76% more compared to the same period in last year. Post-coronavirus-lockdown higher consumption and prices boos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous