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16 Aug
12:09

CSN posts lower second-quarter steel performance

Brazil’s Companhia Siderúrgica Nacional (CSN) saw its steel unit’s production and sales fall in the second quarter. The company’s weaker performance resulted from lower domestic demand and a reduction in activity at its European subsidiaries, Kallanish learns from CSN’s Q2 report. Slab production totalled 890,000 tonnes in Q2, just 0.5% less over Q1 and 8.3% lower year-on-year. Meanwhile, Q2 flat-rolled products output was down …
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