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22 Apr
08:13

Banco do Brasil foresees CSN first-quarter improvement

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) is set to report an improved performance in the first quarter of 2019, says Banco do Brazil (BB) in its short-term outlook. “Despite the challenges observed in Q1, we expect CSN to post positive results in the quarter, supported by the steel segment. The company announced a price increase for most of its products to be implemented as from April, in order to compensate higher raw material leve…
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