CSN sets 2020 iron ore guidance at 33 mln; 38-40 mln t in 2021

December 11, 2020 / www.metalbulletin.com / Article Link

Companhia Sider??rgica Nacional (CSN) set the iron ore guidance for its own production and purchases from third parties at 33 million tonnes in 2020 and 38-40 million tonnes in 2021, the Brazilian steelmaker and miner said on Thursday December 10.

CSN previously expected its output and third-party purchases to total 33-36 million tonnes this year, compared to 38.46 million tonnes in 2019.

A business plan with the objective to reach 108 million tonnes per year in capacity was launched on September 21 alongside the company's intention to launch the initial public offering (IPO) of its mining...

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