15
Dec
13:06
CSN may include mining arm in deleverage plan
Companhia Siderúrgica Nacional (CSN) deleverage plan may include the partial divestment of its mining arm, the company said during a meeting with shareholders and analysts monitored by Kallanish.
CSN has 79.75% share in CSN Mineração (CMIN). CSN's current leverage level is 2.63 times Ebitda.
"We have five big projects that we will eventually spin off and make independent," CSN’s executive chief Benjamin Steinbruch explain…
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Very good overview of the weekly steel market.
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