Votorantim’s revenue off 3% in 1st qtr.

Jun 11, 2013 | 05:23 PM | Carolina Guerra

Tags  Brazil producer, Votorantim Metais, prices, aluminum, zinc, nickel, Carolina Guerra

SÃO PAULO — Brazil’s Votorantim Metais Ltda. logged a 3-percent year-on-year drop in first-quarter revenue amid lower sales volumes—particularly for aluminum—and LME prices, the company said.

Revenue totaled 2.27 billion reais ($1.06 billion), down from some 2.33 billion reais in the first quarter of 2012.

Zinc revenue accounted for 1.21 billion reais ($566 million) of the total, down 3 percent in the same comparison. ....

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