Companhia Siderurgica Nacional (SID) Q3 2024 Earnings Call Highlights: Operational Excellence ... [Yahoo! Finance]
Companhia Siderurgica Nacional S.A. (SID)
US:NYSE Investor Relations:
ir.csn.com.br
Company Research
Source: Yahoo! Finance
Companhia Siderurgica Nacional ( NYSE:SID ) reported growth in production and sales across all segments, highlighting operational excellence. The company achieved a significant reduction in production costs, particularly in mining, where costs dropped to $19.09 per ton. SID recorded strong sales dynamics in the domestic steel market, with a 9% increase in commercial activity. The cement segment achieved new sales records, with a 37% increase in EBITA compared to the previous year. The company successfully reduced net debt from 37 billion to 34.4 billion, demonstrating effective cash management and leverage reduction. International price pressures negatively impacted SID's financial performance, leading to a drop in EBITDA for the quarter. The iron ore segment experienced an 11% drop in net revenue due to falling ore prices, despite increased production volumes. The steel segment faced challenges with high import penetration, which remains a significant issue affecting d
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News
- Companhia Siderúrgica Nacional (NYSE: SID) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Companhia Siderurgica Nacional (BSP:CSNA3) Q3 2024 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- Companhia Siderúrgica Nacional (NYSE: SID) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Companhia Siderúrgica Nacional (NYSE: SID) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Companhia Siderúrgica Nacional (NYSE: SID) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
SID
Sec Filings
- 12/11/24 - Form 6-K
- 12/11/24 - Form 6-K
- 12/4/24 - Form 6-K
- SID's page on the SEC website