Earnings at Mexican steel group Industrias CH (ICH) fell by 11% year-on-year in the fourth quarter of 2017 because of the lower volumes sold.
Earnings before interests, taxes, depreciation and amortization (Ebitda) amounted to 1.34 billion pesos ($72 million) during the quarter, compared with 1.51 billion pesos a year earlier, the company said in a report to the Mexican stock exchange on Monday February 26."The reduction [in Ebitda] was a result of...