Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Shougang Peru’s sales keep rising, with a constant increase during the last five quarters and a jump of 1,092pc between Q2 2021 and the same period of 2020, the Peruvian steelmaker informed in its financial report today.


The Peruvian subsidiary of Chinese company Shougang Group reported on Aug 3 that its sales rose to PEN2.44bn between April and June this year from PEN205mn in the same year-ago period.


Shougang Peru’s gross income rose three times in the second quarter of this year to PEN1.8bn from a loss of PEN58mn in Q2 2020.

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