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Lower Sales Hurt Evraz Profits

Friday May 18, 2012, 7:35pm PDT

Engineering News reported that Evraz Highveld Steel & Vanadium (OTC Pink:HGVLY) recorded a quarterly loss due to lower sales.

As quoted in the market news:

The quarterly loss compares with a profit of R21-million in the first quarter of 2011, South Africa’s second-largest steel producer reported on Friday.

Click here to read the full Engineering News report.

Tags: evraz highveld steel & vanadium, otc pink:hgvly, vanadium, vanadium investing


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