Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) made adjusted earnings of 1.20 billion Reais ($363 million) in the fourth quarter of 2017, the company said late on Monday March 26.
The quarter's figure for adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) compared with adjusted Ebitda of 1.25 billion Reais in the corresponding period of 2016.CSN's net sales totaled 4.99 billion Reais in October-December, an increase of 10% from 4.52 billion Reais a year earlier.Revenues from the company's steel division increased by 16% year-on-year in the fourth quarter, to 3.44 billion...