21
Sep
14:06
Brazil’s CSN to improve financial indicators in 2020
Brazil’s Companhia Siderúrgica Nacional (CSN) expects to improve its financial results in 2020, Kallanish learns from the company. According to its latest outlook, CSN estimates its adjusted Ebitda to reach approximately BRL 9.75 billion ($1.8 billion) this year, up 34.4% on 2019.
CSN’s capital expenditure should amount to BRL 1.5 billion in 2020, up BRL 400 million from the previously announced BRL 1.1 billion investment plan in May. CSN’…
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Anonymous
Very good overview of the weekly steel market.
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