Ferbasa's ferro-alloys sales volumes, revenues up in August

Ferbasa’s sales volumes and revenues were up year-on-year in August, as it increased efforts to lower stocks and the strengthening of US dollar boosted revenues, the Brazilian ferro-alloys producer said.

The company sold a total of 18,474 tonnes of ferro-alloys in August, up by 9.3% year-on-year, according to a filing to the São Paulo Stock Exchange, BM&F Bovespa.

Sales of high-carbon ferro-chrome accounted for 12,397 tonnes last month, 26.7%...

Published

Danielle Assalve

September 28, 2015

16:37 GMT

São Paulo