• 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 CSC announces net profit before tax of NT...
Finance and economy
13 Oct 2016 10:56
CSC July consolidated revenue slightly reduces 1.9...
Finance and economy
05 Oct 2016 11:18
Turkish steel export values down in Jan-Aug...
Finance and economy
04 Oct 2016 09:18
Brazil’s CSN intends to sell its stake in iron ore...
Finance and economy
03 Oct 2016 10:10
Russian Severstal announces its net profit increas...
Finance and economy
24 Aug 2016 11:32
Most Popular