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17 May
10:53

Strong ore prices support CSN Mineração first-quarter results

CSN Mineração, Brazil-based Companhia Siderúrgica Nacional’s mining arm, saw first-quarter performance affected by heavy rains that hit Minas Gerais and Rio de Janeiro states at the beginning of the year. The miner was forced to halt activities for almost one week amid the adverse weather, Kallanish notes. The situation was partially offset by the increase of purchases from third parties in the period, CSN says in its latest quarterly re…
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