Cement News tagged under: CSN

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CSN reports stable quarterly cement performance

05 May 2021, Published under Cement News

Brazil-based cement producer CSN said 1Q21 net revenue for its cement division reached BRL277m (US$50.9m). The company said this was a “stable performance compared to the previous quarter, even considering a lower sales volume (-3.6 per cent) caused by seasonality.”   The company also reported marginally higher unit costs due to a maintenance outage which led to an EBITDA of BRL103m, with an EBITDA margin of 37.2 per cent.   According to the latest data by the National Union of the Cement In...

Brazil: CSN 3Q16 revenue up 13.6% YoY

17 November 2016, Published under Cement News

Brazilian steel and cement maker Companhia Siderurgica Nacional's (CSN) 3Q16 results improved in comparison with the year-ago quarter, primarily due to higher sales volume in the mining segment. The company's net loss contracted 80 per cent YoY to BRL106.6m (US$32.9m). CSN generated net revenue of BRL4469.2m (US$1379.4m) from all its operations, increasing 13.6 per cent YoY. Approximately 47 per cent of CSN's net revenue was generated from domestic markets, while the rest was sourced...

Brazil: CSN considering merger with cement unit

13 April 2015, Published under Cement News

Brazilian steelmaker CSN is considering a merger with its subsidiary CSN Cimentos, Business News Americas reported. CSN, in a regulatory filing, said it would present the proposal to shareholders for approval. The merger would help CSN achieve synergies and economies of scale. It would result in "process optimisation and maximised results," with all business and administrative activities carried out via a "single organizational structure," CSN said. The net worth of CSN Cimentos is BRL1b...

Brazil: CSN reports 3Q13 earnings

19 November 2013, Published under Cement News

Companhia Siderurgica Nacional (CSN)announced its results for the 3Q13 and 9M13, posting a record net revenue of BRL4.7bn (US$2bn) in 3Q13, 15 per cent up on 2Q13. Year-to-date net revenue came to BRL12.4bn, also a new record. The adjusted EBITDA totalled BRL1.7bn in 3Q13, 51 per cent up on the BRL1.1bn recorded in 2Q13, fuelled by the mining and steel segments. The consolidated EBITDA margin reached 31 per cent in 3Q13, the highest quarterly figure since 4Q11. Net revenue from steel opera...

CSN plans to invest in new capacity, Brazil

06 November 2012, Published under Cement News

Brazilian steel major Companhia Siderúrgica Nacional (CSN) plans to invest BRL1bn (US$491m) to set up four cement facilities in the state of Minas Gerais which would increase the company's capacity from 2.4Mta to 5.4Mta. Currently the company plans to set up three integrated cement plants and a second clinker unit, adding to its one at Arcos which began operations in May 2011. The new plant is to have a capacity of 6500tpd, according to reports by Brasil Economico.