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28 Jul
08:29

Market conditions boost CSN's second-quarter performance

Brazil’s Companhia Siderúrgica Nacional (CSN) improved its main indicators in the second quarter. Its steel unit revenue surged 22% on-quarter, despite reduced production, supported by increasing steel prices, Kallanish learns from CSN’s Q2 report. Its iron ore unit performance remained strong, boosted by higher global demand. Slab production totalled 971,000 tonnes in Q2, down 4% over Q1. The reduction resulted from preventive maintenance …
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