23
Feb
10:04
Ore prices support CSN earnings despite shipment drop
Brazilian integrated steelmaker Companhia Siderúrgica Nacional says its mining arm, CSN Mineração (CMIN), reduced both iron ore production and sales in 2020. Earnings improved, however, supported by post-lockdown higher raw materials prices.
“During the last quarter of 2020, stimuli in China since the pandemic started led to a strong recovery in steel margins and boosted demand for iron ore, leading to higher reference prices, even more …
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Anonymous
Very good overview of the weekly steel market.
Anonymous