01
Nov
11:18
CSN Steel improves production, lower prices hamper earnings
Brazil’s Companhia Siderúrgica Nacional (CSN) saw its steel unit’s production and sales rise in the third quarter. Declining global prices and temporary cost pressure reduced the company’s profitability in the period, Kallanish learns from CSN’s Q3 report.
Slab production totalled 1.02 million tonnes in Q3, up 15.4% over Q2 but 7% less year-on-year. Meanwhile, Q3 flat-rolled products output increased by 18.7% on-quarter at …
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Anonymous
Very good overview of the weekly steel market.
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