It’s reported that Argentina’s Ternium Siderar reported a net profit of US$84.8 million for the second quarter of this year, jumping by 64% in comparison of US$51.8 million in the first quarter of this year.
Meanwhile, the company’s net sales totaled US$697 million, jumping by 13% quarter on quarter.
In the first half of this year, Ternium Siderar realized net profit of US$136.5 million, soaring by 100% from US$68 million in the same period of a year ago.
In the given period of time, the company’s net sales amounted to SU$1.31 million, increasing by 24% from US$1.06 billion in the same period of a year earlier.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65606&division=A6
