AT A GLANCE: Paranapanema Q2 sales down on waning copper product demand

August 04, 2020 / www.metalbulletin.com / Article Link

A summary of Brazilian copper producer Paranapanema's financial results for the second quarter of 2020, as stated in its earnings report published on Friday July 31.

In brief 

The company increases copper cathode exports to offset the negative impact of a weaker domestic market for manufactured products in both Brazil and Latin America as a whole, it said.  Capacity utilization was reduced, and the majority of workers furloughed at the units in...

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