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04 Nov
07:57

CSN Steel posts record earnings, despite lower production

Brazil’s Companhia Siderúrgica Nacional (CSN) saw its steel unit’s production and sales fall sequentially in the third quarter, Kallanish learns from CSN’s Q3 report. The company’s earnings, however, hit a record. “With a commercial strategy of prioritising value over volume, CSN’s steel unit recorded the highest Ebitda in its history, even considering lower sales in the period,” the company comments. “Both pr…
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