AT A GLANCE: Brazil CSN Ebitda up 24% in 2019 while iron ore offsets steel weakness

March 06, 2020 / www.metalbulletin.com / Article Link

A summary of the financial performance of Brazilian steel and iron-ore producer Companhia Sider??rgica Nacional (CSN) in the fourth-quarter and full-year 2019, as reported on Wednesday March 4.

In brief

CSN's slab output was significantly lower throughout 2019 while its blast furnace (BF) No3 was idled for revamp work over more than three months until late October. Steel sales volumes were down in 2019 on both domestic and foreign markets weakness, following CSN's sale of its United States-based re-roller CSN LLC, the company said. CSN reported relatively stable steel prices in the domestic and global markets during...

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