Steelmaker Ahmsa’s first-quarter sales fall 4.8% year on year

May 01, 2013 | 11:59 AM | Rodrigo Alonso

Tags  Altos Hornos de México, Ahmsa, Mexico, steel, Steel First, Rodrigo Alonso

MEXICO CITY — Mexican steelmaker Altos Hornos de México SAB de CV (Ahmsa) saw revenues fall by 4.8 percent year over year in the first quarter of 2013.

The company’s net profit fell to 266 million pesos ($21.8 million) in the three months ended March 31, down from 385 million pesos in the corresponding period of 2012, the company said in a....

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