November 13, 2015 - 7:27 AM EST
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CSN announces 3Q15 results

SAO PAULO, Nov. 13, 2015 /PRNewswire/ -- CSN – Companhia Siderurgica Nacional (BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the third quarter of 2015 (3Q15):

  • EBITDA amounted to R$853 million in 3Q15, 6% higher than the previous quarter.
  • Record iron ore production at Casa de Pedra, totaling 7.46 million tonnes.
  • Casa de Pedra recorded delivered cost at China of US$ 35.4/wmt.
  • CSN maintains stable FOB iron ore revenue, despite the reduction in the Platts price during 3Q15.
  • Mining division EBITDA margin of 42%, the highest since 1Q14.
  • Mining EBITDA increases by 74% in 3Q15 over 2Q15.
  • CSN reports a greater share of coated products in the flat steel sales mix (52% of total flat steel sales).
  • CSN reduces 3Q15 slab production costs in USD and BRL terms.

The full Earnings Release is available on CSN's IR website at

CSN will be hosting conference call about its 3Q15 Earnings on Friday, November 13th, 2015, at 01:00 p.m. (US ET) in Portuguese with simultaneous translation into English. Connection details may be obtained on the Company's IR website.

Investor Relations
Gustavo Sousa
Investor Relations Executive Officer
Phone: +55 11 3049-7238
[email protected]

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SOURCE Companhia Siderurgica Nacional - CSN

Source: PR Newswire (November 13, 2015 - 7:27 AM EST)

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