| Brazil's CSN expects to meet iron ore sales forecast despite crisis | |
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SAO PAULO, July 29 (Reuters) - Brazilian steelmaker Companhia Siderurgica Nacional said on Wednesday it expects to meet its iron ore sales forecast issued at the beginning of the year, despite the economic crisis triggered by the coronavirus pandemic. Discussing second-quarter results, executives said they expect to raise steel prices by up to 10% in coming months. Shares rose almost 7% on Wednesday. (Reporting by Alberto Alerigi Editing by Chris Reese) |
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Companhia Siderurgica Nacional
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CODE : SID |
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ISIN : US20440W1053 |
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Companhia Siderurgica is a development stage company based in Brazil. Companhia Siderurgica is listed in United States of America. Its market capitalisation is US$ 3.8 billions as of today (€ 3.6 billions). Its stock quote reached its lowest recent point on October 11, 2002 at US$ 0.70, and its highest recent level on December 01, 2006 at US$ 9.98. Companhia Siderurgica has 1 387 520 000 shares outstanding. |