27
Mar
12:35
Brazil’s AVB 2023 sales fall despite record Q4
Brazil’s Ferroeste Group subsidiary Aço Verde do Brasil (AVB) reduced its sales in 2023, Kallanish learns from the company's latest operating report.
The company posted a fourth-quarter shipments record to the domestic market. However, earnings weakened due to a decline in steel prices.
AVB’s October-December 2023 long steel sales were 101,331 tonnes, down 14.5% compared with the previous quarter but 6.8% higher than 94,879t in the same p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous