CSN Steel Sales Reach 1.6 Million Tonnes in 3Q12, a Company Record
SAO PAULO, Oct. 31, 2012 /PRNewswire/ -- CSN - Companhia Siderurgica Nacional (BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 3Q12:
- Net revenue totaled R$4.3 billion in 3Q12, 3% up on the 2Q12. In the same period, domestic market net revenue increased by 14%;
- 3Q12 steel sales volume reached the record level of 1.6 million tonnes, 13% more than in 2Q12 and 35% up year-on-year. Sales in 9M12 amounted to 4.3 million tonnes, 17% higher than in 9M11;
- Domestic market steel sales reached 1.3 million tonnes in 3Q12, also a new record, 21% higher than in 2Q12 and 24% up on the same period last year. Year-to-date domestic sales volume totaled 3.3 million tonnes, a 5% improvement over the first nine months of 2011.
- Gross profit amounted to R$1.2 billion in 3Q12 and adjusted EBITDA reached R$1.1 billion.
The full Earnings Release is available on CSN's IR website at www.csn.com.br/ir.
CSN will be hosting conference call about its 3Q12 Earnings on THURSDAY, November 1, 2012, at 8:00 a.m. US ET in Portuguese with simultaneous translation into English. Connection details may be obtained on the Company's IR website.
Investor Relations Executive Officer
Phone: +55 11 3049-7588
SOURCE CSN - Companhia Siderugica Nacional