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Companhia Siderurgica Nacional (CSNA3.SA)

CSNA3.SA on Sao Paulo Stock Exchange

15.39BRL
17 May 2019
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R$ 0.40 (+2.67%)
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Latest Key Developments (Source: Significant Developments)

Brazilian Steelmaker Csn Resumes Production After Accident- Statement
Wednesday, 15 May 2019 

May 15 (Reuters) - Companhia Siderurgica Nacional ::BRAZILIAN STEELMAKER CSN RESUMES PRODUCTION AFTER ACCIDENT- STATEMENT.BRAZIL'S CSN SAYS NO MAJOR EQUIPMENT AT VOLTA REDONDA UNIT WAS DAMAGED BY ACCIDENT- STATEMENT.BRAZIL'S CSN SAYS EMPLOYEES TAKEN TO HOSPITAL WERE ALREADY RELEASED, NOW AT THEIR HOMES.  Full Article

Brazil's Industry Group IABR projects 2.2 pct steel production growth in 2019
Thursday, 25 Apr 2019 

April 25 (Reuters) - Companhia Siderurgica Nacional ::BRAZIL'S INDUSTRY GROUP IABR REDUCES EXPECTED 2019 GROWTH FOR STEEL PRODUCTION TO 2.2 PERCENT FROM 2.7 PERCENT.BRAZIL'S INDUSTRY GROUP IABR PREDICTS 4.1 PERCENT OF GROWTH IN STEEL SALES IN BRAZIL.  Full Article

Brazilian steelmaker CSN expects to conclude sale of U.S. unit in 90 days- filing
Tuesday, 15 May 2018 

May 14 (Reuters) - Companhia Siderurgica Nacional ::BRAZIL'S CSN SAYS BOARD APPROVED SALE OF U.S. UNIT CSN STEEL - FILING.BRAZILIAN STEELMAKER CSN EXPECTS TO CLOSE SALE OF U.S. UNIT TO STEEL DYNAMICS IN 90 DAYS- FILING.BRAZIL'S CSN SAYS DEAL VALUE IS $400 MILLION, TO BE ADJUSTED BY WORKING CAPITAL OF $60 MILLION- FILING.BRAZIL'S CSN SAYS SALE WILL REDUCE STEELMAKER'S NET DEBT BY 1.8 BILLION REAIS- FILING.  Full Article

Brazil's CSN projects net revenue to grow 20 pct y/y in 2018
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Companhia Siderurgica Nacional (CSN) ::BRAZIL'S CIA SIDERURGICA PROJECTS NET REVENUE AND ADJUSTED EBITDA TO INCREASE 20 PERCENT IN 2018 VERSUS 2017 -FILING.BRAZIL'S CSN SAYS IT HIT ITS 2017 ESTIMATE FOR NET REVENUE OF 18 BILLION REAIS AND ADJUSTED EBITDA OF ROUGHLY 5 BILLION REAIS.BRAZIL'S CSN SAYS ACHIEVED NET DEBT OF 5.66 TIMES ADJUSTED EBITDA IN 2017 VERSUS PROJECTION OF 5 TIMES EBITDA.  Full Article

CEO of Brazil's Caixa Economica Federal says 2017 results best in history
Monday, 19 Mar 2018 

March 19 (Reuters) - Caixa Economica Federal [RIC:RIC:CEF.UL]::CEO OF BRAZIL'S STATE-RUN CAIXA ECONOMICA FEDERAL SAYS 2017 RESULTS WERE BEST IN HISTORY, WILL BE RELEASED BY NEXT WEEK.BRAZIL'S CAIXA ECONOMICA FEDERAL WILL REDUCE HOME INTEREST RATES, SAYS CEO.CAIXA CEO SAYS WILLING TO RENEGOTIATE DEBT OF STEELMAKER CSN.  Full Article

EMERGING MARKETS-Latam stocks, FX dip, growth concerns weigh on Brazil

By Aaron Saldanha May 15 Latin American currencies broadly softened against the dollar on Wednesday and an index of Latin American stocks slid as surprisingly weak data out of China dented risk sentiment. Data showed China's industrial output growth in April slowed more than expected, reflecting the effects of the U.S.-China trade war. The world's second-largest economy is a big destination for Latin American resource exports. MSCI's index of Latin American c