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28 Oct
08:21

Peru's Aceros Arequipa sees third-quarter sales decrease

Peruvian electric arc furnace-based long steel supplier Aceros Arequipa (AA) saw its performance fall both quarter-on-quarter and on-year in the third quarter. According to the firm’s latest quarterly report seen by Kallanish, net sales reached PEN 1.28 billion ($324.1 million) in Q3, down 5.7% on the previous quarter and also 6.8% less compared to the same period in 2021. The decrease was mainly due to lower volumes sold, partially offset by …
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