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24 Oct
08:34

CSN sees weaker third-quarter results

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) saw its net revenue decrease both year-on-year and quarter-on-quarter in the third quarter. This was mainly due to lower steel sales abroad and less favourable iron prices in the international market, Kallanish learns from the company’s operating report. CSN Mineração set a quarterly record production in Q3. Iron ore output amounted to 8.65 million tonnes, a 14% increa…
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