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14 Nov
13:17

CSN Steel's Q3 production drops, imports pressure pricing

Brazil’s Companhia Siderúrgica Nacional (CSN) saw its steel unit’s third-quarter production rise sequentially over the April-June period. Output, however, was weaker year-on-year, Kallanish learns from CSN’s Q3 report. “The quarter was marked by declines in steel prices in both the domestic and foreign markets, pressured by a higher share of imported material,” CSN observes. “This ended up offsetting the fall in productio…
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