Our Latin American Fixed Income Analyst, Cristián Ignacio Zañartu Ramírez, was consulted by Diario Financiero regarding the CAP share, which has been affected in the Chilean stock market with the load of its subsidiary Compañía Siderúrgica Huachipato (CSH), playing a relevant role in the discounts applied by the market.

"The construction sector in Chile and Peru has experienced a significant decline in steel demand, which has negatively impacted the company's revenues."

Zañartu added that: "beyond the CSH situation, the companies under CAP have proven to be resilient to market fluctuations. Despite the pressure on revenues and margins, they continue to maintain a healthy level of production".