• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Brazilian CSN’s Q4 profit surges by 85%

  • A
  • A
  • A
According to report, Brazilian steelmaker Companhia Siderurgica Nacional (CSN) posted an 81% rise in net profit for the Q4 on higher sales of iron ore and steel flat products even the costs rose.

The company realized the Q4 net profits of BRL817 million, much higher than BRL450 million in the same quarter of a year ago while declined from BRL1.097 billion in a quarter earlier.

The net revenue also increased by 21% to BRL4.167 billion. Sales in steel contributed about 56% in total revenue; mining revenue was about 39%.
News Date 27 Mar 2012 14:01:01 reported by Judy Lin

Taiwan’s China Steel Corp. posts 23% increase in p...
Finance and economy
27 Jan 2015 10:05
Taiwan's CSC plans to cut operating costs ...
Finance and economy
26 Jan 2015 12:17
Tokyo Steel posts higher profit in Apr-Dec...
Finance and economy
23 Jan 2015 09:17
Egypt’s Ezz Steel raises $236 million to restructu...
Finance and economy
21 Jan 2015 17:22
German steel sector outlook to remain sluggish in ...
Finance and economy
20 Jan 2015 12:05
Most Popular