The net losses of Mexican company Altos Hornos de Mexico (AHMSA) more than doubled in 2020, when compared to the previous year, surpassing 17 billion Mexican pesos. This is the highest net loss reported since at least 2015. Altos Hornos de Mexico is the largest integrated steel producer in Mexico. Nonetheless, the decline of domestic market demand, a decrease in steel prices and allegations of corruption in the high ranks of the company, led AHMSA into a financial crisis in 2019.
Net income of Altos Hornos de Mexico (AHMSA) from 2015 to 2020 (in billion Mexican pesos)
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AHMSA. (March 1, 2021). Net income of Altos Hornos de Mexico (AHMSA) from 2015 to 2020 (in billion Mexican pesos) [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/735243/ahmsa-net-income/
AHMSA. "Net income of Altos Hornos de Mexico (AHMSA) from 2015 to 2020 (in billion Mexican pesos)." Chart. March 1, 2021. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/735243/ahmsa-net-income/
AHMSA. (2021). Net income of Altos Hornos de Mexico (AHMSA) from 2015 to 2020 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/735243/ahmsa-net-income/
AHMSA. "Net Income of Altos Hornos De Mexico (Ahmsa) from 2015 to 2020 (in Billion Mexican Pesos)." Statista, Statista Inc., 1 Mar 2021, https://www.statista.com/statistics/735243/ahmsa-net-income/
AHMSA, Net income of Altos Hornos de Mexico (AHMSA) from 2015 to 2020 (in billion Mexican pesos) Statista, https://www.statista.com/statistics/735243/ahmsa-net-income/ (last visited July 03, 2022)