Brazil: CSN iron ore output up 27% in Q3 CY’20

Brazil’s leading iron ore miner Companhia Siderurgica Nacional (CSN) has recorded 27% q-o-q growth in its iron ore output to 9.4mn t in the third quarter CY’20, due to better costs combined with higher prices generated the highest EBITDA ever recorded by the segment. The company’s iron ore sales reached 9.16 mn t in Q3’20, up 18% against 7.74 mn t in Q2’20.


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