AT A GLANCE: Steel, iron ore sales from Brazil's CSN down in Q2

A summary of production figures and financial results from Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) for the second quarter of 2020, as stated in its earnings report published on Tuesday July 28.

In brief

Steel slab output was up year-on-year in the second quarter because a revamp of CSN’s No3 blast furnace in June-October 2019 increased its productivity. This offset the effects of operations at BF No2 being halted when Covid-19 restrictions reduced demand. Slab production costs decreased on an annual basis, falling to 2,082 Reais ($404) per tonne in the second quarter, from 2,201 Reais per tonne in the corresponding period of 2019, the company said. Regional action in...

Published

Renato Rostás

July 29, 2020

13:12 GMT

São Paulo