Companhia Siderurgica Nacional (SID.N)
17 Apr 2014
|Market Cap (Mil.):||$6,106.92|
|Shares Outstanding (Mil.):||1,457.97|
SAO PAULO, Feb 28 - Brazilian steelmaker Companhia Siderúrgica Nacional SA expects profit margins to rise in 2014 as a result of cost-cutting measures and sees iron ore sales increasing from the prior year, executives said on Friday.
SAO PAULO, Feb 28 - Companhia Siderúrgica Nacional SA, Brazil's second-largest producer of flat steel products, sees its margins rising in 2014 as a result of cost-cutting measures, commercial director Luis Fernando Martinez said on a conference call to discuss quarterly earnings on Friday.
MEXICO CITY, Jan 21 - Brazilian stocks fell to a five-month low on Tuesday, led by shares of steelmaker CSN, on concerns the company could be forced to disburse up to $3 billion to buy out partners in its Namisa iron ore unit.
* Brazil Bovespa down 0.46 pct, Mexico IPC falls 0.16 pct SAO PAULO, Jan 21 - Brazilian stocks gave up early gains on Tuesday, led by shares of steelmaker CSN, on concerns the company could be forced to disburse up to $3 billion to buy out partners in its Namisa iron ore unit. Mexico's IPC index fell for the third session in four, while Chile's bourse edged lower. After initial gains of as much as 0.8 percent, Brazil's benchmark Bovespa stock index was down 0.46 percent b
SAO PAULO, Dec 19 - Usinas Siderúrgicas de Minas Gerais SA, Brazil's largest flat steel producer, is in talks with domestic distributors to raise prices for plates, pipes and galvanized products in January, four sources with knowledge of the situation said on Thursday.
RIO DE JANEIRO, Nov 29 - Brazilian steelmaker Cia Siderurgica Nacional said on Friday that it has agreed to pay Brazil 566 million reais ($242 million) in back taxes related to profit at overseas operations.
FRANKFURT - Germany's ThyssenKrupp said it was nearing a long-awaited sale of its U.S. steel plant and had reached an agreement to settle a cartel lawsuit, clearing the way for it to raise much-needed capital. | Video
FRANKFURT - German steelmaker ThyssenKrupp pushed back the publication of its annual financial results as talks to sell a steel plant in the United States entered the home stretch.
Grupo BTG Pactual analysts led by Edmo Chagas recommended investors take profits on shares in Cia Siderúrgica Nacional SA as risks persist from logistics and mining projects at Brazil's No. 2 flat steel producer. The company, which posted stronger-than-expected third-quarter earnings on Thursday, continued to burn cash, and its debt rose on a sequential basis, Chagas said on a client note distributed late on Sunday. He estimated that CSN, as the company is known, burned 900 million reais ($383
SAO PAULO, Nov 14 - Price hikes and rising iron ore output will lift Cia Siderúrgica Nacional SA's profitability in coming months, executives and analysts said on Thursday, after Brazil's No. 2 producer of flat steel products beat third-quarter estimates.